Behavioural Incentives

Behavioural Incentives In Project Management

Accurate schedules are central to ensuring effective utilization of resources. Yet, according to a recent global project performance report, approximately 50% of business projects fail to be delivered within the estimated schedule. By focusing on behavioral biases in project planning, improving the accuracy of project schedules and experimentation, this course demonstrates how experimental economics methods can uncover hidden inefficiencies in project management.

Start Date

April 13th, 2021

Duration

8 Hours

Cost

1 credit

Language

English

The most successful managers often incorporate behavioral insights in project planning and execution.

Maroš Servátka, Faculty

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Key Takeaways

Learn

about experimentation in project planning and project management.

Develop

skills to understand the impact of incentives in project management.

Analyse

the impact of behavioral biases on project management.

This course is right for you if…

You have experience with not being able to deliver a project on time. This programme is relevant to participants across industries and academic backgrounds. No prior knowledge is necessary.

More Information

This course consists of four two-hour sessions taking place on: 

  • April 13th, 11:00 - 13:00 CEST

  • April 16th, 11:00 - 13:00 CEST

  • April 20th, 11:00 - 13:00 CEST

  • April 23rd, 11:00 - 13:00 CEST

Applications are open until April 2nd, 2021.

No further requirements are needed to successfully participate in this course. 

Maroš Servátka

This course is led by Prof. Maroš Servátka, Professor of Economics at Australia’s leading graduate business school - Macquarie Business School and Macquarie Graduate School of Management.

Maroš served as the Economics Discipline Leader at MGSM in 2015-2018 and is the Founding Director of the MGSM Vernon L. Smith Experimental Economics Laboratory. Maroš is also the Founder, Fellow, and Past President of the Slovak Economic Association. He previously held an Associate Professor position at University of Canterbury where he also co-founded and directed the New Zealand Experimental Economics Laboratory. He has received multiple scholarly and research awards and obtained national and international competitive grants. His research has been published in leading economics and management journals. Maroš is a recent recipient of the Ronald Coase Institute Outstanding Achievement Award.

For further enquiries, contact Maroš at maros.servatka@mgsm.edu.au.

Note that this course will take place once a minimum of 8 participants is reached.

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