Purpose – The purpose of this paper is to discuss measurement of project success in an ownership perspective. Design/methodology/approach – The research is based on a case study of owner structures in 11 projects. For each case, an analysis was made of which stakeholder that held six...

Purpose – The purpose of this research was to investigate how to measure the performance of research and technology collaborations and to subsequently improve the management of university‐industry collaborative projects. Design/methodology/approach – Literature studies have been carried...

Purpose – Comprehensive R&D project valuation calls for internal information on, for example, R&D investments as well as external information such as market projections that relate to the expectations on product's life and revenue cash flows. Given the versatility of information needs, the...

A research stream known as prospect theory describes how decision biases lead to results that differ from those predicted by classical utility theory (Kahneman and Tversky, 1979). Prospect theory hypothesizes that individuals will experience potential losses more intensely than potential gains,...

Two of the most common reasons for not implementing a risk management program are cost and benefit. This paper focuses on whether the benefits of intervention can be shown to justify the costs. A confounding factor is that the acts of intervention during a risk management program may alter the...

Examines how individual projects will affect the organization’s stated desire to “add value” by its operations, particularly how the market will judge each project on this basis. Considers rates of return, risk and cost of capital. Provides practical guidance for managers seeking to...

Establishing trust within groups or teams of scientists and technicians working on large‐scale projects is considered an essential critical success factor when working in a virtual environment. To build trust among team members for any project requires a selection decision on which trust...

Purpose – To apply the theories of project management to the transformation of the British Expeditionary Force (BEF) from the colonial‐style army of 1914 into the victorious continental‐style armies of 1918. Design/methodology/approach – The methodological approach examines ten elements...

Purpose – Lean construction looks into the possibility of bringing successful lean production theories into the construction industry. It was believed that lean production principles could also be influenced by the essence of military strategies, specifically that of Sun Tzu's Art of War (ST)...

Purpose – The purpose of this paper is to offer insights into a tool that one of the authors has developed to help map, and thus visualise, stakeholder power and influence within the performing organisation. Design/methodology/approach – The concept described in this paper has been tested at...