This paper studies how career concerns affect an agent's choice between a risky and a safe project when the risky project's return depends on its quality and the agent's ability. If the agent does not know her ability, career concerns lead to underinvestment in the risky project, which...

The Project is an insider’s guide to developing a career in project management. Written in the form of a novel, it allows the reader to walk in the project manager’s shoes and experience real-life scenarios firsthand in an entertaining story..