|
|
The Abilene Paradox
|
Reading time: |
app. 15min. |
|
Summary: |
Instead of
improving decision making, too much respect and
regardfulness may lead to poor decisions when
ruling is done by a committee. |
Project Selection - a Pitfall
|
Reading time: |
app. 5min. |
|
Summary: |
Ensuring that the
right project portfolio is selected and that
work will be done in the right order, with
appropriate priorities and with objectives
aligned with the corporate objectives ensures
that the best is made from the resources
available. |
The Sunk Cost Dilemma
|
Reading time: |
app. 25min. |
|
Summary: |
The Sunk Cost Dilemma describes a game theory
situation in a 1-player game, where the sum of a
sequence of good decisions is one big bad
decision. |
The Creeping Scope
|
Reading time: |
app. 25min. |
|
Summary: |
While project
documentation is incomplete from the start,
there is a tendency that it will also differ
from the work actually done. This deviation is
further growing the nearer the project comes to
its end.
How can one overcome this dilemma? |
|