Using simulation to study decision-making in project portfolio management

Shalbafan, S; Leigh, E; Pollack, J; Sankaran, S

Using simulation to study decision-making in project portfolio management

Shalbafan, S Leigh, E Pollack, J

Sankaran, S

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Publisher:: Roskilde Universitetsforlag
Publication Type:: Chapter
Citation:: Project management for achieving change, 2016, pp. 131 - 150
Issue Date:: 2016

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Field	Value	Language
dc.contributor.author	Shalbafan, S	en_US
dc.contributor.author	Leigh, E	en_US
dc.contributor.author	Pollack, J https://orcid.org/0000-0001-8879-9408	en_US
dc.contributor.author	Sankaran, S https://orcid.org/0000-0001-5485-6216	en_US
dc.contributor.editor	Pries-Heje, J	en_US
dc.contributor.editor	Svejvig, P	en_US
dc.date.issued	2016	en_US
dc.identifier.citation	Project management for achieving change, 2016, pp. 131 - 150	en_US
dc.identifier.isbn	9788778674845	en_US
dc.identifier.uri	http://hdl.handle.net/10453/44182
dc.description.abstract	This project reports how an emerging awareness of the complexity of project portfolio management (PPM) led t development of a role-play simulation for assessing different means of identifying and reflecting on factors influencing the quality of decision making in stressful PPm situations. Recognition of the inability to access reliable data from within organisations resulted in the development of an open and chaordic (Waldrop, 1996) simulation that replicates aspects of the decision-making processes commonly encountered in such complicated and complex conditions. The paper describes the Action LEarning process used to develop this simulation. The contribution of this project to the field of project portfolio management therefore spans both the development of a specific simulation strategy as a research methodology and analysis of issues relating to factors adversely affecting decision-making capacity in times of stress.	en_US
dc.publisher	Roskilde Universitetsforlag	en_US
dc.relation.ispartof	Project management for achieving change	en_US
dc.title	Using simulation to study decision-making in project portfolio management	en_US
dc.type	Chapter
utslib.location	Copehhagen	en_US
utslib.for	1503 Business and Management	en_US
utslib.for	1202 Building	en_US
pubs.embargo.period	Not known	en_US
pubs.organisational-group	/University of Technology Sydney
pubs.organisational-group	/University of Technology Sydney/e-Press
pubs.organisational-group	/University of Technology Sydney/Faculty of Design, Architecture and Building
pubs.organisational-group	/University of Technology Sydney/Faculty of Design, Architecture and Building/School of Built Environment
pubs.organisational-group	/University of Technology Sydney/Faculty of Engineering and Information Technology
pubs.organisational-group	/University of Technology Sydney/Faculty of Engineering and Information Technology/School of Professional Practice and Leadership
pubs.organisational-group	/University of Technology Sydney/Strength - CCDP - Contemporary Design Practice
pubs.organisational-group	/University of Technology Sydney/Strength - CMOS - Centre for Management and Organisation Studies
utslib.copyright.status	closed_access
pubs.consider-herdc	true	en_US
pubs.place-of-publication	Copehhagen	en_US
pubs.publication-status	Published	en_US

Abstract:

This project reports how an emerging awareness of the complexity of project portfolio management (PPM) led t development of a role-play simulation for assessing different means of identifying and reflecting on factors influencing the quality of decision making in stressful PPm situations. Recognition of the inability to access reliable data from within organisations resulted in the development of an open and chaordic (Waldrop, 1996) simulation that replicates aspects of the decision-making processes commonly encountered in such complicated and complex conditions. The paper describes the Action LEarning process used to develop this simulation. The contribution of this project to the field of project portfolio management therefore spans both the development of a specific simulation strategy as a research methodology and analysis of issues relating to factors adversely affecting decision-making capacity in times of stress.

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http://hdl.handle.net/10453/44182