Project Management (PM) principles are rapidly changing due to business globalization and information technology (IT) advances which support distributed and virtual project teams. Traditional PM focuses on a single project at a single location [11] and is more concerned with project inputs and outputs than with the project work itself [42]. Traditional PM emphasizes scheduling, planning and tra...

How do consumers choose from a menu of contracts? We analyze a novel dataset from three U.S. health clubs with information on both the contractual choice and the day-to-day attendance decisions of 7,752 members over three years. The observed consumer behavior is difficult to reconcile with standard preferences and beliefs. First, members who choose a contract with a flat monthly fee of over $70...