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The literature on project governance suggests an association between good governance and project success. However, the mechanism is not known. It is suggested governance and governmentality influence six psychological constructs, and through them, decision making, and project performance. The...
Persistent link: https://www.econbiz.de/10012800024
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One of the debates in the capital budgeting model selection is between the free cash flow and DCF methods. In this paper an attempt is made to compare SVA against NPV model based on Monte Carlo simulations. Accordingly, NPV is found less sensitive to value driver variations and has got higher...
Persistent link: https://www.econbiz.de/10011327539
In this article we consider stakeholder experience through the stakeholder's contact journey with a project. Drawing on the customer experience literature we consider the stakeholders experience by using customer experience as a metaphor. Stakeholder experience will involve cognitive, emotional,...
Persistent link: https://www.econbiz.de/10014283250
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The project management literature is very reticent about the emotions project management professionals experience when making decisions on projects. As part of research into the link between project governance, decision making and project performance, twelve project management professionals were...
Persistent link: https://www.econbiz.de/10012800276
This paper presents the case for and against the involvement of external organizations in new product development projects. It examines both the frequency of interaction of firms with their customers, suppliers, universities, research institutes and competitors, and also the correlation between...
Persistent link: https://www.econbiz.de/10014060793
We consider client experience on projects. The topic of customer experience is receiving a lot of interest in marketing. It is believed that vendors that manage customer experience achieve better results than those who do not. All the work to date has been done in retail. We consider the nature...
Persistent link: https://www.econbiz.de/10012800124
We present the various views and methods of measuring and controlling project performance, and factors affecting a project. The review indicates that there is a shift in the type and understanding of factors of project success or failure. However, the presence of various measurement methods, in...
Persistent link: https://www.econbiz.de/10014031478
This paper attempts to develop concepts of project and contract organization to predict the selection of contract type on infrastructure projects. Conventional wisdom is that at low risk fixed price contracts are best, moving to remeasurement and then cost plus as risk increases. We started...
Persistent link: https://www.econbiz.de/10014031509