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RSM Seminar | Dr Mehdi Rajabi Asadabadi

RSM Seminar | Dr Mehdi Rajabi Asadabadi

Project Benefits Illusion: Why it can’t be avoided and how it can be resolved 

Due to their positive impact on organizational performance, realising their expected benefits is the main strategic objective of all projects. However, many projects fail to achieve their expected benefits due to benefits illusion: the difference between a project’s expected (but inflated) benefits set before project commencement and the most likely benefits that the project may achieve. Whereas previous research has provided guidelines and conceptual frameworks to help setting benefits that are more realistic, benefits illusion remains a critical challenge in many projects. This seminar explains the reasons why project benefits illusions are created by proposal developers, confirmed by project funders, and cannot be resolved even in later stages of projects in practice.  

Mehdi Rajabi Asadabadi is a Research Fellow in Project Management at the College of Business and Economics at Australian National University. He obtained a PhD in Business and Economics in 2019 from UNSW and has published in ABDC A and A* journals such as European Journal of Operational Research, Decision Support Systems, Knowledge Based Systems and Business and Industrial Marketing. He has presented at well-reputed international conferences, such as IJCAI, INFORMS, Web Intelligence, and IEEE FUZZ. 

Updated:   31 July 2020 / Responsible Officer:  CBE Communications and Outreach / Page Contact:  College Web Team