The Illusion of Control: Project Data, Computer Algorithms and Human Intuition for Project Management and Control (Management for Professionals)

This book provides a comprehensive assessment of the growing importance of project data for project scheduling, risk analysis, and control.

It covers the relevance of project data for both researchers and professionals, highlighting the importance of using computer algorithms, human intuition, and project data to manage projects under risk.

The book reviews the basic components of data-driven project management, including the latest computer and machine learning algorithms and statistical methodologies, and provides a detailed overview of artificial project data and its relevance for academics.

Additionally, it examines the importance of project data from a professional standpoint, providing insights on how to collect empirical project data for better decision-making.

Finally, the book introduces a new approach to data collection, generation, and analysis for creating project databases, making it relevant for both academic researchers and professional project managers.