Managing project uncertainty: From variation to chaos

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Arnoud De Meyer, Christoph H. Loch, Michael T. Pich

2002 IEEE Engineering Management Review Vol. 30 Issue 3 Article Cited by 29 Quartile

Abstract

An overview is given on the analysis of 16 projects to determine why projects end up with an overrun schedule, overflowing budget and compromised specifications. It is emphasized that in order to manage uncertainty, the balance between planning and learning should be identified.

Affiliations

INSEAD, Singapore, Singapore