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Wisdom

In: The Illusion of Control

Author

Listed:
  • Mario Vanhoucke

    (Ghent University)

Abstract

This chapter presents the second of three missions of academic research called “Mission #2: Wisdom”. Wisdom refers to a collective term to go beyond mere understanding by making current methodologies richer and more complete. Adding extra functions to existing methods or integrating them into a broader framework can significantly improve existing project management methods. In time, they may be entirely replaced by new, better alternatives. The chapter discusses several new statistical project control methods that have expanded the current methods from the previous chapter into much better but more complex methods.

Suggested Citation

  • Mario Vanhoucke, 2023. "Wisdom," Management for Professionals, in: The Illusion of Control, chapter 0, pages 65-84, Springer.
    • Handle: RePEc:spr:mgmchp:978-3-031-31785-9_5
    DOI: 10.1007/978-3-031-31785-9_5
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