CHAPTER 5
Project Management Decisions
We have already established the fact that success is the primary objective in project management and decisions are the “yellow brick road” that leads to success. In other words, decisions provide a framework for project managers to guide and control events during product development. Unfortunately, the sequence of decisions and associated choices available to the development team at the beginning of development has a nearly uncountable number of paths.
Krishnan and Ulrich’s (2001) concept of a decision framework refers to the conceptualization of how product development is executed. Krishnan and Ulrich were able to identify about 30 major decisions made within organizations during the development of physical ...
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