[
  {
    "id": "10.4018/IJITPM.304059",
    "type": "article-journal",
    "title": "How Bias Impacted the Project Manager Decision to Not Terminate a Failing Project",
    "author": [
      {
        "family": "Strang",
        "given": "Kenneth David"
      },
      {
        "family": "Vajjhala",
        "given": "Narasimha Rao"
      }
    ],
    "container-title": "International Journal of Information Technology Project Management",
    "issued": {
      "date-parts": [
        [
          2022
        ]
      ]
    },
    "volume": "13",
    "issue": "1",
    "page": "1-17",
    "publisher": "IGI Global",
    "DOI": "10.4018/IJITPM.304059",
    "URL": "https://www.narasimharao.net/research/project-manager-bias-failing-project-termination-experiment/",
    "abstract": "Almost half of projects have failed globally during the last 50 years, yet most studies in the literature review were inclusive. The research design was a robust repeated measure controlled experiment where the 16 participants received all treatments, which may be contrasted to a similar 4x4 factorial experiment with a control group (common in psychology or healthcare) resulting in a group size of only four. All but the individual project manager (PM) factors were controlled, while primary demographic and behavior data were collected. PMs were tested for competence using a risk management scenario and given two manipulated conditions (a basic and a biased treatment). Since the organizational and project level factors were controlled, some individual level factors impacted the decision. PMs with higher competence made better decisions, with a 22% effect size, when all other factors in the model were accounted for. Competent non-certified PMs made better decisions as compared to certified incompetent PMs.",
    "keyword": "Crisis, Decision Making Bias, Experiment, Project Failure, Project Management, Project Manager, Risk Management, project failure, project management, cognitive bias, decision making, risk management, project termination, prospect theory, project manager competency, PM certification, repeated measures experiment, ANOVA, IT projects, COVID-19, USA",
    "language": "en"
  }
]