Decision Making Processes

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DECISION MAKING PROCESSES

“Information and decision-making processes deliberating corporate performance in dynamic environments: A study of project achievement accomplishment or failure.”

[Name of the Wrier]

ACKNOWLEDGEMENT

I would like to take this opportunity to thank my dissertation supervisor who has always shown confidence in me. He has offered his patience, remarks, propositions and understanding. Here I would also like to mention my parents who have always believed in me for all my hard work. My family, including my parents, brother and sister has endlessly supported me during my life and academics. This has helped me in making positive decisions for my life. I would also mention my peers and co-workers and appreciate their collaboration and expert advice on every circumstance. I am also grateful towards my University and my Department, the administrators, faculty members and fellow students for their support throughout this study.

DECLARATION

I declare that the material stated in this dissertation/thesis is original and does not present work of any other scholar or research study conducted in the past. Material in this study is not partially or completely published elsewhere and collected only for the purpose of this study. I also acknowledge that I have complete understanding of the requirements, guidelines, regulations and procedures of the University with respect to the endowment of higher education degree and my research work. Here, I would also like to take the opportunity to declare that I have almost exclusively followed the requirements, guidelines, regulations and procedures of the University regarding this research study.

Abstract

The success of a company's strategic plan is dependent upon the outcome of project or program execution. Morris and Jamieson (2004) identified projects as “important and necessary vehicles for implementing corporate strategy and implementing change” (p. 16). If the strategic projects are successfully executed the company will enjoy strategic plan success. If the strategic projects are not executed successfully the company's strategic plan will suffer. In essence, a company's strategic performance is tied to its ability to successfully execute the projects in the strategic portfolio as defined in the strategic plan in order to accomplish the goals and objectives that have been established for the project and the strategic plans associated with competing in their chosen markets. In order for projects to operate successfully to meet business requirements, information necessary for decisions to manage project performance must be available. If project information is not available there is a potential impact on the ability to manage the performance of the project, program, or portfolio. While project performance information availability is important, just as important is the type of project performance information to those who require the information in order to use it to make decisions to manage and control projects. Lack of the right type of information could impact decisions necessary to effectively and efficiently manage and control the performance of the projects in the strategic portfolio. As such information type may be key to the process of managing and controlling projects within the portfolio and for the management of the strategic portfolio ...
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