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Flexibility at different stages in the life cycle of projects: An empirical illustration of the “freedom to maneuver”
Authors:Nils O E Olsson  Ole M Magnussen
Institution:The Norwegian University of Science and Technology, Norway
Abstract:Many textbooks on project management present illustrations concerning the relative size of project attributes during different project phases. The derived models all have attributes in common, such as uncertainty, significance of decisions, and degree of freedom to maneuver, that are typically high in the beginning of the project and low in the end. At the same time, variables such as the accumulated cost and available information begin at low levels and end up at a high level at the end of the project. Based on empirical data from projects, this paper illustrates and quantifies one of these attributes, the freedom to maneuver, in different project phases.
Keywords:project attributes  project flexibility  scope reductions
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