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Abdel-Fattah, A (2013) Dynamic site layout planning model, Unpublished PhD Thesis, , University of Calgary.

Chenger, D T (2012) Executive level capital project decision making: Rational or rationale?, Unpublished PhD Thesis, , University of Calgary (Canada).

  • Type: Thesis
  • Keywords: market; investment; major projects; markets; project management practice; project planning; project success; strategic planning; consultant; project manager; interview
  • ISBN/ISSN:
  • URL: https://www.proquest.com/docview/1269165346
  • Abstract:
    The Project Management Institute estimates the current annual global investment in all capital projects and infrastructure is $12 trillion US, yet we have very little information on how and who initiated these investment decisions. Further, despite the creation of numerous programs and processes aimed at improving project success, completing projects on time and within budget still seems to elude project participants. Interviews were conducted with 21 executives in the upstream oil and gas industry to provide insight into how high profile capital project decisions were made. While capital projects were thought to be initiated by managers and follow a stage-gate process or are an output of the strategic planning process, a key finding is that these major projects were independently and intuitively conceived either by the CEO alone or by the CEO and other executives or board members. Four decision-making paths were modelled based on the type of opportunity: planned, opportunistic, combined, and one followed a rational decision-making process. Formal risk processes were not used in the decision-making process, nor were other resources such as consultants. These findings have implications for existing project management practices, including aligning risk perspectives and how risk is managed, the role of a stage-gate model, how projects are conceived and moved into the planning phase, and how projects are communicated within the executive team and organization. The findings also raise questions regarding broader external implications. If major decisions are made independently by CEOs, how are companies ensuring our corporate leaders are trained to make good decisions, as major projects not only impact the organization but also affect the communities in which the company operates? This research provides some valuable insight into how executives perceive risk, equity markets, organizational readiness, project opportunities, and their perceived role in projects. This helps to prepare the expectations of project managers and others in organizations who are craving for more face time and insight into the strategic process as well as project planning and execution.

Condon, E J (2006) The project game: Strategic estimating on major projects, Unpublished PhD Thesis, , University of Calgary (Canada).

Dehghan, R (2012) A new model, algorithm and computer tool to optimize overlapping of design activities in construction projects, Unpublished PhD Thesis, , University of Calgary.

Hewage, K N (2007) Construction productivity improvement by worker motivation and it based communication, Unpublished PhD Thesis, , University of Calgary (Canada).

Hossain, L (2010) An optimization model for the dynamic multi-project environment in construction, Unpublished PhD Thesis, , University of Calgary (Canada).

Lozon, J P (2008) Evaluating value improving practices for large scale projects, Unpublished PhD Thesis, , University of Calgary (Canada).

Marques, C P (2004) Selected issues in business and contractual relationships in private construction projects in Canada/China deals, Unpublished PhD Thesis, , University of Calgary.

Moussa, M A E-F M (2013) Unified simulation methodology and project risk assessment framework, Unpublished PhD Thesis, , University of Calgary (Canada).

Nada, D (2013) Project approval decisions: Exploring success factors, Unpublished PhD Thesis, , University of Calgary (Canada).

Seel, K C (2004) “Boom and bust” cycles in power plant construction: A simulation study of the temporal and geographical aspects of the Alberta competitive electrical industry, Unpublished PhD Thesis, , University of Calgary.

Siriwardana, C S A (2016) An integrated framework for worker planning and supervision in construction, Unpublished PhD Thesis, , University of Calgary (Canada).

Sodade, B A A (2011) Project management complexities in municipal projects, Unpublished PhD Thesis, , University of Calgary.

Tolani, O V (2013) An examination of risk perceptions and allocation preferences in public-private partnerships in Nigeria, Unpublished PhD Thesis, , University of Calgary (Canada).

Weerasinghe, U G D (2012) Development of a framework to assess sustainability of building projects, Unpublished PhD Thesis, , University of Calgary (Canada).

Weshah, N A (2015) Developing an interface management (IM) model for construction projects, Unpublished PhD Thesis, , University of Calgary (Canada).

Wickramaratne, S (2010) Design and analysis of tsunami warning and evacuation systems, Unpublished PhD Thesis, , University of Calgary (Canada).

Willoughby, K A (1999) Modelling assistance for project procurement and disposal decisions, Unpublished PhD Thesis, , University of Calgary (Canada).

Wimalasena, B A D S (2011) A planning tool for construction waste management, Unpublished PhD Thesis, , University of Calgary (Canada).

Zaghloul, R S (2005) Risk allocation in contracts: How to improve the process, Unpublished PhD Thesis, , University of Calgary.