TITLE

De-escalation Strategy: The Impact of Monitoring Control on Managers' Project Evaluation Decisions

AUTHOR(S)
Chong, Vincent K.; Suryawati, Rindah F.
PUB. DATE
December 2010
SOURCE
Journal of Applied Management Accounting Research;2010, Vol. 8 Issue 2, p39
SOURCE TYPE
Academic Journal
DOC. TYPE
Article
ABSTRACT
The paper examines the effect of monitoring control as a control mechanism in preventing managerial escalation of commitment under an agency problem setting. A total of 74 business students participated in a laboratory experiment based on a 2x2 factorial analysis of variance (ANOVA) between-subjects design with random assignment. The independent variables are information availability (public and private) and monitoring control (present and absent). The dependent variable is project managers' decision for continuing or discontinuing a failing or unprofitable investment project. The results suggest that project managers will discontinue an unprofitable project in the presence rather than absence of monitoring control under a private information situation.
ACCESSION #
56561323

 

Related Articles

  • Evaluation of the construction project based on factor analysis. Hai Yan Zhang; Jin Wei Zhao // Applied Mechanics & Materials;2014, Issue 584-586, p2438 

    The accuracy of the results of the evaluation after the construction project is largely dependent on the choice of the evaluation method is reasonable and scientific. In this paper, the current methods for the evaluation of projects for a more systematic study were compared and analyzed; and...

  • CHAPTER 9: Project Control Using Earned Value Analysis. Lewis, James P. // Fundamentals of Project Management;2007, p113 

    Chapter 9 of the book "Fundamentals of Project Management" is presented. It discusses how to perform earned value analysis for project control. Evaluating the status of a project in terms of performance, cost, time and scope targets using earned value analysis is demonstrated. Various approaches...

  • Project Evaluation and Remediation. Radcliff, Daniel H. // Cost Engineering;Jan2003, Vol. 45 Issue 1, p18 

    Discusses the benefits of project evaluations for project management. Cost effectiveness; Administrative operation.

  • Implementation of project change management best practice in different project environments. Yi Zou; Sang-Hoon Lee // Canadian Journal of Civil Engineering;Mar2009, Vol. 36 Issue 3, p439 

    Change orders are ubiquitous in construction projects, and effective and efficient control of changes is critical to project success. There have been many empirical suggestions as to how to manage changes for best project outcomes, but this research is specifically aimed at exploring the...

  • Propensity to Give Up Control in a Decision Making Group: An Explanation and a Measure. Veiga, John F. // Academy of Management Best Papers Proceedings;1986, p208 

    This study sought to explain why individuals tend to give up control in decision making groups. Based on in-depth interviews and several pilot tests, a reliable and valid instrument was developed to measure this tendency. Results showed six conditions helped explain propensity to give up control.

  • The Factor Structure of Union Commitment: An Application of Confirmatory Factor Analysis. Thacker, James W.; Fields, Mitchell W.; Tetrick, Lois E. // Journal of Applied Psychology;Apr89, Vol. 74 Issue 2, p228 

    Tests the factor structure of the Union Commitment scale developed by Gordon, Philpot, Burt, Thompson and Spiller (1980) on data collected from a blue-collar sample working for a utility company in the midwestern United States using confirmatory factor analysis. Four underlying factors that...

  • The Complexities and Demands of the Professional Soccer Manager. Lawrence, Ian // Soccer Journal;Nov/Dec2009, Vol. 54 Issue 6, p12 

    The article discusses the responsibilities of a professional soccer manager in Great Britain. The author explains that the role of a manager encompasses organizational duties, vision, and direction. He states that the leadership ability, which is founded on personal strengths that are inward or...

  • Earned Value Analysis - Why it Doesn't Work. Lukas, Joseph A. // AACE International Transactions;2008, p1 

    The article provides information about earned value analysis (EVA). It is a quantitative project management technique for evaluating project performance and predicting final project results, based on the progress and budget of work packages to planned work and actual costs. Moreover, a review of...

  • PLANNING FOR NEW TECHNOLOGIES. Capria, Frank // DV: Digital Video;Apr2005, Vol. 13 Issue 4, p80 

    Shares the author's insights on how to evaluate the financial aspects of a company's new technology. Isolation of the costs and revenues of the project; Consideration of products and services that will be marketed directly to clients; Difficulty in selling new technology to clients. INSET:...

Share

Read the Article

Courtesy of VIRGINIA BEACH PUBLIC LIBRARY AND SYSTEM

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics