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Punctuated Equilibrium Model
Connie Gersick's model of group development challenges the traditional forming/norming/storming/performing view of group development. The research of Gersick's showed that groups tend to follow a trajectory up to the midpoint of their project. There is a concentrated group of changes in norms, processes, and behaviors within the group at this midpoint. The group settles on a new trajectory after this midpoint. This model suggests (and subsequent research has indicated) that interventions aimed at improving group effectiveness are most effectively made at the midpoint of a group's life. Managers can make midpoints through the setting of milestones and intermediate deadlines.
QUESTION a) Describe cost benefit analysis as used to appraise large public sector investments b) Compare as well contrast cost benefit analysis with investment appraisal
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