Decision-making in Defense Projects

The management of defense projects entails a series of key decisions that are pivotal for achieving success when properly executed. However, these decisions are frequently made under limited information and analytical capacities, causing uncertainty and the chance of improper choices that could adversely affect the desired outcomes. This case is particularly pronounced in advanced defense projects, which involve research, development, or innovation endeavors. This chapter succinctly outlines the current state of the art regarding the informed decision-making processes aimed at attaining the project objectives in terms of performance, cost, and duration, while addressing potential obstacles that may hinder their achievement. Relevant examples and references are provided to unveil methods for mitigating the risks associated with inadequate decisions.