This paper describes the correct process for making decisions on large projects. Recent projects in the North Sea were subject to an undetected scale effect which resulted in their getting off-schedule and over-budget. This paper proposes an effective organisational set-up and suggests that a management scheme should include a 'feedback' function which will form the basis for top level decision making and will enable the project managers to exercise control over their project. (Jensen)
Decision making in deep sea development projects
Entscheidungshilfen fuer die Planung und Entwicklung von Tiefseeprojekten
European offshore petroleum conf. and exhibition, Earls Court ; 1 , Oct ; 43-52
1978
10 Seiten, 10 Bilder
Conference paper
English
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