Enhancing Project Investment Decisions: The Role of Leadership Priorities

Alicia Gilchrist (), Ofer Zwikael, Ivan L. Garanovich, Terence Weir and Michelle Gunton
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Alicia Gilchrist: Australian National University
Ofer Zwikael: Australian National University
Ivan L. Garanovich: Defence Science and Technology Group, Department of Defence
Terence Weir: Defence Science and Technology Group, Department of Defence
Michelle Gunton: Australian National University

Chapter Chapter 10 in The Palgrave Handbook of Strategy, Change and Transformational Project Leadership, 2026, pp 195-209 from Springer

Abstract: Abstract Managers regularly make decisions to select from competing project proposals those which they perceive are most likely to implement organisational strategy. Yet, little is known about what can enhance the quality of project selection decision making. Drawing on Regulatory Focus Theory, we aim to identify antecedents likely to impact project investment decision quality and explore whether effective leadership priorities can support this decision. The antecedents we examine are formal processes and target benefit setting. We propose a conceptual model and describe why it can be useful for organisations whose primary purpose is to anticipate and agilely respond to the future via strategy implementation and enhanced organisational performance.

Keywords: Project investment decisions; Leadership priorities; Project benefit setting; Formal processes; Regulatory focus theory (search for similar items in EconPapers)
Date: 2026
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-981-95-3588-0_10

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DOI: 10.1007/978-981-95-3588-0_10

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