What Game Theory and Poker can Teach us in Project Management

Bočková, Kateřina

doi:10.1016/s2212-5671(15)01606-8

Cited by 2 publications

(2 citation statements)

References 2 publications

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“…There are also a number of studies related to game theory applicability in terms of stakeholder engagement and communicational issues. Some authors conclude that the implication of game theory allows understanding the requirements and interests of involved persons to close the project more successfully [7] while others state that in most cases game theory oversimplifies the relationships between project team and key stakeholders [54]. However project practitioners agree that applying game theory approach to every stakeholder should transform your vision and make notice more details that may become later valuable on the next stages [45].…”

Section: General Application Of Game Theory In Project Managementmentioning

confidence: 99%

“…To address the first research question we have to outline the topic of Game Theory definition in the eyes of project managers. Through the qualitative studies conducted by Katerina Bockova [7], Gabriella Slavikova [8], San Cristobal [43] and books written by Chris Bilton [6] & Michael Hatfield [25] it is obvious that project managers implement various concepts from Game Theory but call it differently. It is also worth mentioning that stakeholder analysis described in PM-BoK [38] takes many core elements of Game Theory and attempts to simulate it through picking right engagement strategies in response.…”

Section: Literature Review Summarymentioning

confidence: 99%

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Game Theory Approach to Stakeholder Management in Small-Scaled Projects

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Borovkov²

2016

Russian Journal of Project Management

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The principles of Game Theory and the games that emerge as a result are academically intriguing and can help us consider various strategies for interacting with the people around, especially those in the professional settings. Effective communication has always been a key to building a successful project management process. This research serves as an attempt to close the gap between game-theoretic way of thinking and existing project management models. In more detail, my research aims at creating a consistent framework for a stakeholder analysis, implementing some tactics, tools and techniques from mathematical analysis of cooperation and conflict. The research goal is going to be achieved by implementing the bounded ethnography method based on inductive approach. The results of the study elaborate on the possible applicability and significance of Game Theory in the project environment and provide project managers with a powerful extension of traditional stakeholder analysis. Generated Stakeholder Calibration Framework (SCF) is the final research outcome.

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Section: General Application Of Game Theory In Project Managementmentioning

confidence: 99%

Section: Literature Review Summarymentioning

confidence: 99%

Game Theory Approach to Stakeholder Management in Small-Scaled Projects

��,

Borovkov²

2016

Russian Journal of Project Management

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La gestión estratégica y la teoría de juegos en las organizaciones complejas

2023

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Las organizaciones cada vez se vuelven más complejas, por lo tanto, la toma de decisiones acertadas en la gestión empresarial constituye un factor fundamental para alcanzar las metas organizacionales planteadas, y a la vez son un reto imperante para los gerentes y líderes empresariales. Por ello, el objetivo fundamental de este trabajo es analizar la factibilidad de aplicación de la teoría de juegos en la gestión estratégica de organizaciones complejas, En este sentido se realizó una revisión bibliográfica sobre las diferentes aplicaciones de la teoría de juegos, haciendo un énfasis especial en aquellas aplicadas a la gestión estratégica de empresas, se resalta la importancia de este instrumento en el desempeño organizacional. Con base a los resultados obtenidos se puede concluir que la teoría de juegos es empleada de manera generalizada como una herramienta analítica para apoyar al gerente en su rol de líder de las organizaciones complejas, fundamentalmente, en la toma de decisiones en cualquier ámbito.

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What Game Theory and Poker can Teach us in Project Management

Cited by 2 publications

References 2 publications

Game Theory Approach to Stakeholder Management in Small-Scaled Projects

Game Theory Approach to Stakeholder Management in Small-Scaled Projects

La gestión estratégica y la teoría de juegos en las organizaciones complejas

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