Many projects are one-of-a-kind ventures, involving tasks never before performed – such as hi-tech development. Task durations are often highly uncertain. Info-gap theory has been applied to assessing the robustness to task duration uncertainty, selecting reliable project duration, prioritizing information-gathering activity, and allocating project resources.
- Yakov Ben-Haim, 2006, Info-gap Decision Theory: Decisions Under Severe Uncertainty, 2nd edition, Academic Press, London.
Section 3.2.6: Project scheduling with task duration uncertainty.
Section 5.4: Multi-tasking computer jobs.
Section 7.5: Gathering information in project management.
Section 7.6: Windfall cost of information.
Chapter 12: Retrospective essay: Risk assessment in project management.
- Zhang, J., 2011, Newsboy problem under Knightian uncertainty, 8th International Conference on Service Systems and Service Management, ICSSSM’11, Tianjin, China.
- Michael Sambur, Analysis of the newsvendor problem with info-gap decision theory, M.Sc. thesis, Faculty of Industrial Engineering, Technion.
- Sary Regev, Avraham Shtub and Yakov Ben-Haim, 2006, Managing project risks as knowledge gaps, Project Management Journal, vol. 37, issue #5, pp.17-25. Pre-print.
- Faina Aranovich, 2002, Risk assessment in preliminary project planning under severe uncertainty. M.Sc. thesis, Faculty of Industrial Engineering.
- Sary Regev, 2001, Applicable methodology of risk management in hi-tech engineering projects. M.Sc. thesis, Faculty of Industrial Engineering, Technion.
- Yakov Ben-Haim and Alexander Laufer, 1998, Robust reliability of projects with activity-duration uncertainty,ASCE Journal of Construction Engineering and Management, 124: 125-132. Pre-print.
- Avy Shtub, Sary Regev and Yakov Ben-Haim, 2000, Sikun m’hushav (Calculated Risk), Tasiah v’Nihul, issue #50, pp.32-37. In Hebrew. pdf file.
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