Appendix: Construct measures.
Factor
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Perceived environmental state uncertainty (Adapted from Ashill and Jobber, 2009)
How often do you feel and believe that:
• You have the information to understand how your business environment will change in the future. 0.674
• Your information about your business environment is adequate for your decision making. 0.859
• You are unable to get the necessary information about your business environment for your decision making (R) 0.773
Perceived environmental effect uncertainty (Adapted from Ashill and Jobber, 2009)
How often do you feel and believe that:
• You are unable to predict the impact of your business environment on your project (R) 0.538
• You fully understand the effect of the environment factor on your decision making. 0.887
• Please indicate your “sureness” (level of certainty) as to how each environmental factor affects your decision making? (Not at all sure
about how it will affect my decision making/completely sure about how it will affect my decision making).
0.825
Perceived environmental response uncertainty (Adapted from Ashill and Jobber, 2009)
How often do you feel and believe that:
• You can accurately anticipate the consequences/outcomes of making decisions before making them. 0.618
• You know how to respond to changes in the external environment. 0.767
• You are able to determine what the response options should be in light of changes in the external environment. 0.666
Real options reasoning (Adapted from Tiwana et al., 2007)
For our organization, this project is:
• Necessary for unlocking future project opportunities 0.683
• Necessary for developing future capabilities 0.784
• First in a chain of interrelated follow-on projects in the future 0.83
This project could be easily:
• Funded incrementally in stages 0.767
• Managed in incremental stages 0.86
• Completed as a series of smaller projects 0.769
• Decomposed into smaller independent sub-projects 0.859
This project could easily:
• Use a set of different resources (e.g., new technologies, new suppliers) to produce the same product 0.872
• Be reconfigured to produce different products to satisfy emerging market needs 0.788
• Serve a different strategic purpose 0.874
It would be very easy to expand or contract the following resources initially allocated to this project
• Budget 0.894
• Personnel 0.866
• Other resources 0.851
If this project were postponed by two years
• Project requirements would be clearer 0.882
• Many technical uncertainties would be resolved 0.877
• Uncertainty around the business model would be reduced 0.867
To what extent could the following resources be put to other uses if this project were abandoned prior to completion?
• Allocated budget 0.894
• Personnel 0.882
• Other resources 0.867
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