Greene, A; Thorpe, A and Austin, S A (2001) Utilizing the risky shift phenomenon in construction project management. In: Akintoye, A (ed.) Proceedings of 17th Annual ARCOM Conference, 5-7 September 2001, Salford, UK.
Abstract
The risky shift phenomenon predicts that groups are happier to live with uncertainty than are the individuals that comprise the group. This paper reports on the replication of the Wallach et al. (1962) 12 question, choice dilemma questionnaire which highlights the risky shift and its implications for construction project risk management.
| Item Type: | Conference Paper (Paper) |
|---|---|
| Uncontrolled Keywords: | risk management; risk perceptions; risky shift |
| Index terms: | risk perception, construction project, risk management, questionnaire, construction project management |
| Subjects: | data collection methods, risk assessment, environmental hazards, production management, project management theory and practice |
| Topics: | Project Management, Research Practice, Sustainability, Risk Management |
| Descriptive scope: | 3 PCA |
N.B. Descriptive scope is a count of how many of the five facets of empirical research are indicated by the words used in title, abstract and keywords. It is not intended as a judgement on the research; merely a count of the kind of word we would expect to indicate Phenomenon, Concepts, Theoretical framing, Empirical techniques, Analytical techniques. If all five are present, then a code of “5 PCTEA” will indicate this. If you feel the coding for this record is questionable, we welcome discussion around the terms we matched or the way we categorized them. The facet you would expect may not be coded, or a facet may be coded inappropriately. This can also bear on a larger question, of which facets should be treated as defining in construction management research. Please get in touch, and we will look at it. More details here