Published here September 2010

Introduction | Book Structure 
What We Liked | Downside | Summary

Book Structure

This book is arranged in five parts containing twenty-one chapters. In addition there are useful appendices, all as described below, and each chapter concludes with a brief bulleted summary.

The book structure is as follows:

Preface

Acknowledgements

Test Your Judgment Quiz

Part 1 - Introduction to Project Decision analysis

 

1.

Project Decision Analysis: What is it

 

2.

"Gut Feel" vs. Decision Analysis: Introduction to the Psychology of Project Decision-Making

 

3.

Understanding the Decision Analysis Process

 

4.

What is Rational Choice? A brief introduction to Decision Theory

 

5.

Creativity in Project management

 

6.

Group Judgment and Decisions

 

7.

Are You Allowed to Make a Decision? Or the "Frustrated Developer's Syndrome"

Part 2 - Decision-Framing

 

8.

Identifying Problems and Assessing Situations

 

9.

Defining Project Objectives

 

10.

Generating Alternatives and Identifying Risks

Part 3 - Modeling the Situation

 

11.

The Psychology and Politics of Estimating

 

12.

Project Valuation Models

 

13.

Estimating Probabilities

Part 4 - Quantitative Analysis

 

14.

Choosing What Is Most Important: Sensitivity Analysis and Correlations

 

15.

Decision Trees and the Value of New Information

 

16.

What is Project Risk? PERT and Monte Carlo

 

17.

"A Series of Unfortunate Events" or Event Chain Methodology

 

18.

The Art of Decision Analysis Reporting

 

19.

Making a Choice with Multiple Objectives

Part 5 - Implementing, Monitoring, and Reviews

 

20.

Adaptive Project Management

 

21.

Did You Make the Right Choice? Reviewing project decisions

Conclusion - Does Decision Analysis Provide a Solution?

Appendixes

 

A.

Risk and Decision Analysis Software

 

B.

Heuristics and Biases in Project Management

 

C.

Risk Templates

 

D.

Multi-Criteria Decision-Making Methodologies

Glossary

Future Reading References

Decision Analysis is a process that maybe described as:[4]

"A practical framework of methods and tools to promote creativity and help people make better decisions."

Or alternatively:[5]

"An integrated set of procedures, rules, preferences, and tools that help the organization make a rational choice."

And, as noted in the Introduction, this practical framework consists of the four major phases of Decision Framing; Modeling; Quantitative Analysis; and Implementation. So, from the foregoing it will be noted that each of these phases is dealt with in Parts 2, 3, 4, and 5 of the book respectively. Further, each phase involves several steps that are dealt with in the ensuing chapters.

Introduction  Introduction

4. Ibid, p8
5. Ibid, p35
 
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