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Managing the Unknown

A New Approach to Managing High Uncertainty and Risk in Projects

Cover Managing the Unknown
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Managing the Unknown offers a new way of looking at the problem ofmanaging projects in novel and unknown environments. From Europe'sleading business school, this book shows how to manage twofundamental approaches that, in combination, offer the possibilityof coping with unforeseen influences that inevitably arise in novelprojects:
* Trial-and-Error Learning allows for redefining the plan and ...
Beschreibung
Managing the Unknown offers a new way of looking at the problem ofmanaging projects in novel and unknown environments. From Europe'sleading business school, this book shows how to manage twofundamental approaches that, in combination, offer the possibilityof coping with unforeseen influences that inevitably arise in novelprojects:
* Trial-and-Error Learning allows for redefining the plan and theproject as the project unfolds
* Selectionism pursues multiple, independent trials in order topick the best one at the end

Managing the Unknown offers expert guidelines to the specificproject mindsets, infrastructures, and management methods requiredto use these project management approaches and achieve success inspite of unforeseen obstacles. This book equips readers with:
* Causal explanations of why unforeseeable factors in novelprojects make traditional project planning and project riskmanagement insufficient
* Directly applicable management tools that help managers to guidenovel and high-uncertainty projects
* Real-world case studies of both successful and unsuccessfulapproaches to managing high uncertainty in novel projects

Besprechung
"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)

Cover Managing the Unknown
Auf die Merkliste

Veröffentlicht 2011, von Christoph H. Loch, Arnoud DeMeyer, Michael Pich bei John Wiley & Sons

ISBN: 978-1-118-27673-0
Auflage: 1. Auflage
304 Seiten

Über Christoph H. Loch, Arnoud DeMeyer, Michael Pich

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 businessschool - INSEAD. All have been in both the privatesector and in academia and all are currently involved in teachingproject management, strategic management, and technologymanagement.


Über Christoph H. Loch

Über Arnoud DeMeyer

Über Michael Pich

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