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Investment-Centric Project Management by Steven Keays

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4

THEORY

“One should not aim at being possible to understand, but at being impossible to misunderstand.” Quintilian

THEORETICAL FOUNDATION

The Need for a Theory

This chapter lays down a theoretical foundation for project management. This idea of a theory is absent in the literature on the subject, save for niche academic papers. The Project Management Institute (PMI), for instance, makes no reference to it in its flagship handbook, A Guide to the Project Management Body of Knowledge (PMBOK® Guide). The allusions to such a theory, in the preceding chapters, proceeded from a tacit recognition that the practices espoused by project management orthodoxy constituted the theory proper. Nevertheless, a theory in the scientific sense is necessary. The ...

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