Making essential choices with scant information: front-end decision-making in major projects. Edited by Terry M. Williams, Knut Samset and Kjell J. Sunnevag, Palgrave Macmillan, London, 2009. 384pp, ISBN 978-0-230-20586-4, £55.00 (hb)
This book offers an in-depth look at how to improve decisions on major projects at concept stage, when there is scant information available. There are many books about project management, but no books available on making decisions on the project concept when there is little information available. Such work requires a multi-disciplinary effort. This book brings together experts from strategy, project management, decision-making, estimation and economics in one focused view. The book also includes new and major research advances from the Norwegian Concept Research programme, in addition to new developments from the leading researchers in this field internationally. It seeks to explain how lack of detailed information actually can be a strength rather than weakness in the early stages and help establish a broad overall perspective.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.