Showing 1 - 10 of 33
This paper considers the problems of a dynamic continuous thief, such as a habitual shoplifter or a gas siphoner, who must choose the pilfering rate (which increases the probability of his arrest over time) to maximize the present value of his total expected gain over a given finite or infinite...
Persistent link: https://www.econbiz.de/10012772027
We study how firms can use a knowledge management system to optimally leverage employee-generated know-how. In particular, we consider the following practical strategic questions for the manager of a knowledge-intensive firm: Should her firm develop a formal knowledge system? And if so, how...
Persistent link: https://www.econbiz.de/10009203800
This paper examines the effect on product development of project scope: the extent to which a new product is based on … presents evidence on the impact of scope on lead time and engineering productivity. Studies of the automotive supplier industry … of the impact of these differences on development performance. Further, little is known about the effects of different …
Persistent link: https://www.econbiz.de/10009191179
The control relationship between project managers and team members is a central aspect of the working of any …
Persistent link: https://www.econbiz.de/10009191494
Critical path models concerning project management (i.e. PERT/CPM) fail to account for work force behavioral effects on … the expected project completion time. In this paper, we provide a modelling framework for project management activities … subcontractors of project activities, and to develop managerial policies for setting appropriate deadlines for series or parallel …
Persistent link: https://www.econbiz.de/10009191587
information utility. The comprehensibility of the message had a moderate effect on the perception of information utility, whereas … novelty had a small effect. Second, the quality of the relationship, the seniority and the prior experience of the message …
Persistent link: https://www.econbiz.de/10009197459
Project Appraisal Methodology (PAM) is a multidimensional, easy to use tool for assessing the relative merits of R … parametrics are presented. Project rank is shown to be most sensitive to life cycle cost, year of initial commercialization, and … planning horizon. Model weights, on the other hand, have little effect. Results also seem to indicate that the common …
Persistent link: https://www.econbiz.de/10009197613
task certainty were robust predictors of collaborative problem solving and productivity for 45 R&D project groups. It was …
Persistent link: https://www.econbiz.de/10009197700
information about uncertain project and market characteristics and, based on this information, change its course of action. This … abandonment, the option of corrective action that management can take during the project. The intuition from options pricing … theory is that higher uncertainty in project payoffs increases the real option value of managerial decision flexibility …
Persistent link: https://www.econbiz.de/10009197701
contractor has the option to reject the project if it does not provide a minimum NPV. The new model is shown to be NP-hard in the … of the project. Empirical evidence based on a randomly generated data set suggests that the market for the contractor …'s services, the timing of benefits received by the client, and the project duration drive these new results. …
Persistent link: https://www.econbiz.de/10009197853