Expert Judgment in Project Management: Narrowing the Theory-Practice Gap

Executive Summary

Problem: In the face of unknown futures, project managers often turn to expert judgment as a source of key information in an effort to ensure that projects are completed on time, on budget, and in accordance with stakeholder expectations. As a project management tool/technique, expert judgment is ubiquitous in the body of knowledge. However, most organizations do not have written guidance on how to elicit expert judgment, and most project managers rely on ad hoc methods for gathering expert judgment, which is known to result in flawed information that can adversely impact project success. Therefore, this study sets out to identify ways in which expert judgment might be improved for project management.

Background: This study ...