Pich, Michael T.; Loch, Christoph H.; Meyer, Arnoud De - In: Management Science 48 (2002) 8, pp. 1008-1023
This article develops a model of a project as a payoff function that depends on the state of the world and the choice of a sequence of actions. A causal mapping, which may be incompletely known by the project team, represents the impact of possible actions on the states of the world. An...