ABSTRACT
This chapter provides a range of mechanisms for learning and adapting in an agile, proactive, accelerated way. Documents like approved plans and agreed contracts need to be written in a way that gives room for learning and adjustment or, better still, requires them. In recent years the Beyond Budgeting Round Table (BBRT) has claimed that organizations can be more adaptive if they abandon budgetary control, and other management systems involving fixed absolute targets, and adopt different practices. The main characteristics of 'Beyond Budgeting' case studies can be understood in terms of their effect on information processing and the five dimensions. Internal controls are limits, checks, barriers, hurdles, shields. The control mechanism in risk weighting, in its most sophisticated form, is to prescribe the way risk is to be calculated and the way that risk is to be weighted in decision-making. Evolutionary project management is applicable to virtually any project or continuous improvement process.
