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Extending The Project Win Game: Teaching Real Options and Moral AI Project Decision-making

This document presents an extension of The Project Win Game™, a project management serious game, with two new modules: Real Options Analysis (ROA), which teaches staged investment decisions under uncertainty, and a Moral AI module addressing ethical risks in healthcare AI projects.

• The paper proposes extending The Project Win Game™ with a Real Options Analysis module for staged investment decisions under uncertainty and a Moral AI module addressing ethical risks in healthcare AI projects, supported by an eight-stage Project Management Serious Game Canvas and an iterative design methodology.
• The motivation is a documented project management talent gap of roughly 40 million practitioners worldwide, with a projected shortfall of up to 30 million by 2035, alongside concern that conventional programs underdevelop soft skills and decision-making under uncertainty.
• Iterative playtesting refined economic balance, component interactions, and complexity, including a colored-die mechanic and a simplified mode, and players reportedly could distinguish option types and understand trade-offs through play.