Analyzing Information. Techniques and Analyses

Bjørn Andersen
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Bjørn Andersen: Norwegian University

Chapter 15 in Making Essential Choices with Scant Information, 2009, pp 301-330 from Palgrave Macmillan

Abstract: Abstract This book discusses the quandary every project faces: having to make a multitude of decisions, from when the earliest ideas appear, very often without much information on which to base these decisions. Several strategies can be pursued to increase the likelihood of making the right decisions, including obtaining more and/or better information, postponing decisions until information is available, involving more and better qualified people in the decision-making, etc. Another approach is to make the most out of the information available, and for this purpose there are many different tools and techniques at the project’s disposal that have proven worth in clarifying issues or aiding the decision process. The purpose of this chapter is to present and discuss a selection of such analysis tools and techniques, always in the light of application in a project setting.

Keywords: Uncertainty Analysis; Alternative Concept; Customer Requirement; Analyse Information; Quality Function Deployment (search for similar items in EconPapers)
Date: 2009
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-23683-7_15

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DOI: 10.1057/9780230236837_15

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