Framing risk and uncertainty in the context of projects: Perspectives on decision-making.

Research output: Contribution to conferencePaperpeer-review

Abstract

Projects exist in a highly turbulent and uncertain business environment, which is affected by a myriad of internal and external factors. Under these circumstances, project managers have to make quick and rational decisions to achieve project performance objectives. While the role of external factors in the decision-making process under risk has been extensively examined in the existing body of management literature, internal factors have been largely overlooked. In this paper, the authors attempt to synthesise knowledge from the previous academic and scholarly literature on the topic of decision-making under risk and uncertainty in the context of project management. Specifically, the issues of intra-group conflicts, project managers’ perceptions of uncertainty, and the contribution of project managers’ individual characteristics to the decision-making process are explored and critically discussed.

Bibliographical metadata

Original languageEnglish
Pages1-19
Number of pages19
Publication statusPublished - 12 Jul 2020
EventBritish Academy of Management (BAM) Conference 2020 In the Cloud - Virtual Conference in The Cloud 2020, Manchester, United Kingdom
Event duration: 2 Sep 20204 Sep 2020
Conference number: 34
https://www.bam.ac.uk/civicrm/event/info%3Fid%3D3638%26amp%3Breset%3D1

Conference

ConferenceBritish Academy of Management (BAM) Conference 2020 In the Cloud
Abbreviated titleBAM2020 Conference In the Cloud
Country/TerritoryUnited Kingdom
CityManchester
Period2/09/204/09/20
Internet address