The Daily Life of a Project Manager
Making decisions is part of daily life for any manager or executive. Some decisions may result in a change of strategy in personnel policy or employee training. Other decisions may result in undertaking a project to launch a new product line. A gamble often is associated with important decisions. Newspapers frequently report the names of executives who were rewarded for “making the right decision” and those who were fired for being wrong. More than likely, those who were rewarded had weighed the pros and cons of the situation and had become thoroughly informed before deciding on the venture.
Making informed decisions is the dilemma at the heart of assessing potential project hazards. It plagues the project ...
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