Managing the Unknown (eBook)

A New Approach to Managing High Uncertainty and Risk in Projects

Christoph H. Loch, Arnoud Demeyer, Michael Pich (Autoren)

eBook Download: EPUB

2011 | 1. Auflage
304 Seiten
John Wiley & Sons (Verlag)
978-1-118-27682-2 (ISBN)

Infos

Managing the Unknown offers a new way of looking at the problem of
managing projects in novel and unknown environments. From Europe's
leading business school, this book shows how to manage two
fundamental approaches that, in combination, offer the possibility
of coping with unforeseen influences that inevitably arise in novel
projects:

* Trial-and-Error Learning allows for redefining the plan and the
project as the project unfolds

* Selectionism pursues multiple, independent trials in order to
pick the best one at the end

Managing the Unknown offers expert guidelines to the specific
project mindsets, infrastructures, and management methods required
to use these project management approaches and achieve success in
spite of unforeseen obstacles. This book equips readers with:

* Causal explanations of why unforeseeable factors in novel
projects make traditional project planning and project risk
management insufficient

* Directly applicable management tools that help managers to guide
novel and high-uncertainty projects

* Real-world case studies of both successful and unsuccessful
approaches to managing high uncertainty in novel projects

Autor

Dr. Christoph H. Loch, Dr. Arnoud DeMeyer, Dr. Michael T. Pich, Department of Technology Management, ISEAD, Fontainebleu, FRANCE The authors are professors at Europe's leading business school - INSEAD. All have been in both the private sector and in academia and all are currently involved in teaching project management, strategic management, and technology management.

Inhalt

Introduction.

PART I. A NEW LOOK AT PROJECT RISK MANAGEMENT.

Chapter 1. PRM Best Practice: The PCNet Project.

Chapter 2. The Limits of Established PRM: The Circored
Project.

Chapter 3. A Broader Look at Project Risk Management.

PART II. MANAGING THE UNKNOWN.

Chapter 4. Diagnosing Complexity and
Uncertainty.

Chapter 5. Learning Projects.

Chapter 6. Multiple Parallel Projects: Selectionism.

Chapter 7. Selectionism and Learning in Projects.

PART III. PUTTING SELECTIONISM AND LEARNING INTO
PRACTICE.

Chapter 8. Establishing the Project Mindset.

Chapter 9. Putting the Infrastructure in Place.

Chapter 10. Managing Relationships and Project Governance.

Chapter 11. Managing Project Stakeholders in Presence of Unk
Unks.

PART IV. MANAGING THE UNKNOWN: THE ROLE OF SENIOR
MANAGEMENT.

Chapter 12. The Role of Senior Management in Novel Projects.

References.

Index.

Rezensionen

"Managing the Unknown, is an important book, and it was a revelation for me. It takes a fresh look at project risk management, which is a vital skill in developing a new product, but goes beyond conventional risk management in critical ways." (Journal of Product Innovation Management, October 2006)

Produkt-Details

• Erscheint lt. Verlag: 30.11.2011
• Sprache: englisch
• Themenwelt: Technik ► Bauwesen
• Themenwelt: Technik ► Maschinenbau
• Themenwelt: Wirtschaft ► Betriebswirtschaft / Management ► Projektmanagement
• Schlagworte: Industrial Engineering • Industrial Engineering / Project Management • Industrielle Verfahrenstechnik • Projektmanagement • Projektmanagement i. d. Industriellen Verfahrenstechnik
• ISBN-10: 1-118-27682-5 / 1118276825
• ISBN-13: 978-1-118-27682-2 / 9781118276822