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  • © 2009

Making Essential Choices with Scant Information

Front-End Decision Making in Major Projects

Palgrave Macmillan

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Table of contents (19 chapters)

  1. Front Matter

    Pages i-xvi
  2. Introduction

    1. Front Matter

      Pages 1-1
  3. Aligning Projects

    1. Front Matter

      Pages 37-37
    2. Scenarios Planning

      • Kees van der Heijden
      Pages 68-84
    3. Up-Front Assessment of Needs

      • Petter Næss
      Pages 85-105
  4. Generating Information

    1. Front Matter

      Pages 145-145
    2. Decision Behaviour- Improving Expert Judgement

      • Geir Kirkebøen
      Pages 169-194
    3. Useful Heuristics

      • Benjamin Scheibehenne, Bettina von Helversen
      Pages 195-212
    4. Expert Judgement of Probability and Risk

      • George Wright, Fergus Bolger, Gene Rowe
      Pages 213-229
    5. Evaluation of Risks in Complex Problems

      • Gregory S. Parnell
      Pages 230-256
  5. Analysing Information

    1. Front Matter

      Pages 277-277
    2. Analyzing Information. Techniques and Analyses

      • Bjørn Andersen
      Pages 301-330

About this book

An in-depth look at how to improve decisions on major projects at the concept stage, when there is scant information available. This book describes how to evaluate judgemental information. It looks at how scant information can actually be a strength, and can help establish a broad overall perspective.

Editors and Affiliations

  • Management School, University of Southampton, UK

    Terry M. Williams

  • Norwegian University of Science and Technology in Trondheim, Norway

    Knut Samset

  • Norwegian Competition Authority, Norway

    Kjell J. Sunnevåg

About the editors


TERRY WILLIAMS is a Management Scientist at Southampton University, UK. After 9 years in engineering consultancy developing project risk management, he worked at Strathclyde University, becoming Professor and Department Head, researching the behaviour of major projects and supporting post-project claims. He is a speaker/writer on project modelling, and has written 60 refereed journal articles and books on modelling and learning from complex projects. He is a member of many leading research networks.
 
KJELL SUNNEVÅG is a senior adviser at the Norwegian Competition Authority. He has worked as a research economist since 1987. His first position was at the Christian Michelsen Institute (CMI) in Bergen, research focus being on petroleum economics. Later, he moved to the Foundation for research in Economics and Business Administration (SNF), extending the research interests to energy economics and public policy and economics. One of his last assignments there was editing/contribute to a report on making decisions based on scant information.
 
KNUT SAMSET is Professor at the Norwegian University of Science and Technology and director of a research program on front-end management of major investment projects. He has a background in engineering and social science and has worked many years as consultant and advisor to national and international governmental organizations. He has written a number of books on project design, evaluation, and project risk management.

Bibliographic Information

Buy it now

Buying options

eBook USD 84.99
Price excludes VAT (USA)
  • Available as PDF
  • Read on any device
  • Instant download
  • Own it forever
Softcover Book USD 109.99
Price excludes VAT (USA)
  • Compact, lightweight edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info
Hardcover Book USD 109.99
Price excludes VAT (USA)
  • Durable hardcover edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info

Tax calculation will be finalised at checkout

Other ways to access