Abstract/Description

Projects die a death of 10,000 bad decisions. The result; junk bonds continue to sport a better risk adjusted return on investment. Using examples from Behavioral Economics, Decision Science and disasters such as the loss of the space shuttles, the role of poor decision making in project failures is explored. The results suggest that until decision pathologies are addressed directly, poor project performance will persist. Indeed, the poor decision to refrain from using Agile approaches when they are appropriate is all too familiar. Unbiased decision making and critical thinking can be improved by using tools and through practice. Using examples from Scrum and Agile Product Ownership several tools and techniques to help people make better decisions are presented.

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