This article is the second half of a series concerning advanced decisions. Central to the problem of AMT (advanced manufacturing technology) is that investment is uncertainty. Under consideration is a highly expensive innovation, often bringing unprecedented operational routines and...

This article is the first half of a series concerning advanced manufacturing technology (AMT) investment decisions. Individual problems with formalised techniques in this field are reduced by the frequency of their joint use in organisations. The article emphasises that it is important to...

Gives a brief background to risk evaluation methods and measures. Offers a simple definition of risk which may be useful to the managers. Examines risk issues relative to the statement of income, which allows a review of factors contributing to risk. Categorizes the origins of risk. Finally,...

In the light of experience, traditional ways of using the technique of brainstorming are examined. Flaws in the technique include dominance, fixation, inhibition, lack of structure and noise. Describes a method that has been devised which involves randomization, small group working and managed...

The management of all kinds of projects is dogged by bad information. The difficulties of getting good information are such that many project managers abandon all attempts to plan and monitor their projects, while still going through whatever motions their company requires. Looks at the causes...