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Implications of Economic Decision Making to the Project Manager

Implications of Economic Decision Making to the Project Manager

Brian J. Galli
Copyright: © 2021 |Volume: 4 |Issue: 1 |Pages: 14
ISSN: 2572-4959|EISSN: 2572-4967|EISBN13: 9781799863267|DOI: 10.4018/IJoSE.2021010102
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MLA

Galli, Brian J. "Implications of Economic Decision Making to the Project Manager." IJOSE vol.4, no.1 2021: pp.19-32. http://doi.org/10.4018/IJoSE.2021010102

APA

Galli, B. J. (2021). Implications of Economic Decision Making to the Project Manager. International Journal of Strategic Engineering (IJoSE), 4(1), 19-32. http://doi.org/10.4018/IJoSE.2021010102

Chicago

Galli, Brian J. "Implications of Economic Decision Making to the Project Manager," International Journal of Strategic Engineering (IJoSE) 4, no.1: 19-32. http://doi.org/10.4018/IJoSE.2021010102

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Abstract

This paper aims to identify and assess the impact of the project manager's economic decision on a project's outcome. Therefore, this paper focuses on whether a project will be economically and financially viable and will meet the interests of both external and internal stakeholders, especially the project manager's attention. Thus, the objective is to find in the decision-making process how economic decisions can provide and ensure an appropriate level of financial return rate to external and internal stakeholders, such as the project manager. The literature review approach was used to identify this economic decision-making implications on the project's outcomes. Studies show how projects' future is associated with decision making. However, a literature review has shown a shortage of research on the impact of only economic decisions on the project manager and project outcome. This study aims to fill that gap.

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