Project Decision Making

Important project decisions should not be dictated by the project manager alone. Instead, they should involve the project team with the PM serving as champion of the process. When teams “own” the decision, they feel responsible for resolving any unanticipated consequences of it. Here are five steps to help guide them.

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Decision Making in a Confusing World

This article discusses the ways and means to actualize successful decision making in a confusing world. The key themes in this article are that business leaders must take inputs from a wide variety of sources, trust one’s judgment, cross check facts, and defer the decision-making without delaying it when confronted with a dilemma. The strategies to actualize decision-making are thus based on the latest research in behavioral science.

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Analyzing Business Decision Making Process

Business decision making is a critical process. While decision support systems are built to support managerial decision making, a lot goes into planning and designing of these systems. This article discusses the need and process for evaluating business decision making, which is required to build bespoke decision support system software to ensure ‘good’ decision making in an organization.

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The Need for Certainty and Control over the Future in Decision Making

The business world is not what it used to be a few decades ago. With increasing complexity and rapidity of change, it is becoming extremely difficult for decision makers to plan for the longer term and respond to the immediate term events and trends. This article gives a 30,000-foot view of some of the dilemmas that decision makers face when they attempt to control the future and be certain about a business landscape that is overly uncertain.

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10 Decision-Making Traps

Meetings are most often the setting for engaging new ideas, confirming previous positions and making important decisions. But there are a number of common psychological traps that can sabotage the process and the decision-making of well-intentioned project leaders, including dissonance, rationalization and circular causation.

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Expedited Decision Analysis: A Structured, Efficient Approach to Instilling Confidence in Decision-Making – A White Paper

This white paper presents a tried and true, expedited decision analysis methodology that was created and refined by a large government contractor and formally recognized by the government as a best practice. The value of this approach is in its simplicity, ability to be standardized, and applicability to the vast majority of issues that face decision-makers. Supporting rationale behind the methodology is provided, along with a presentation format.

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Get Smart: Decision-making

Are you putting your PMO in the position to make the right decisions every time? While the PMO has many functions, one of the most important is to facilitate decision-making–either by senior project stakeholders or within their own teams as escalation points for project managers. In this article, we look at how to ensure that we are as effective as possible in that process.

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Raytheon BBN Awarded $10.5 Million to Develop Game-Based Training Methods and Systems to Improve Decision-Making

(From PR Newswire) — The Intelligence Advanced Research Projects Activity, through an Air Force Research Laboratory contract, has awarded Raytheon BBN Technologies a $10.5 million multi-year contract under the Sirius program. The goal of the Sirius program is to develop serious games that result in better decision-making by teaching participants to recognize and mitigate the effects of their own biases when analyzing information used to make decisions. The team — which includes game designers, cognitive psychologists, and experts in intelligence analysis and in measuring game-player engagement — will design a relevant and engaging game that is based on an international detective theme, blending best research and practices in bias-mitigation with best practices in game-based teaching.

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