Project Management: Virtual Decision Making

Struggling with enabling and sustaining project decisions? Bill Thomas promotes effective decision-making through a process that considers the level of decision-making participation and measures performance. The decision roles of participants should be understood, documented, and monitored (helpful with compliance, such as SOX). Graphical visualization of key measures is recommended, in combination with the appropriate commentary to provide the color and texture of the business context. ...

... "Effective group decision making within performance management has always been a challenge, but traditional decision-making approaches do not consider the speed and complexity of dynamic virtual work teams regularly employed at this time. They also neglect recent compliance regulations that have a direct impact on defining current business processes. Ten years ago, an organization could employ loose guidelines and/or project management techniques because group decision making was less complicated. " ...

Via Business Intelligence Network: Decision Making and Risk within the Performance Management Process ...