The importance of early phase: the case of construction and building projects
International Journal of Project Management
Volume 22, Issue 7, October 2004, Pages 545-551
The quality of the execution of the early project phases may dramatically influence the project performance. In spite of this, early project phases have only attracted limited attention in past research. In this article we address two factors of key importance for project performance, i.e. uncertainty and the influence of project stakeholders. To shed light on the challenges encountered in the early phase we also report findings from a large-scale research project in the construction and building industry. We highlight managerial and theoretical implications.
Keywords: Construction and building industry; Projects; Value generation; Opportunities in the nature of the early phase
Link to paper (ScienceDirect)