Farrokhshad, M (2021) How practitioners make sense of risk and uncertainty: A Goffmanian study of two case studies of construction companies in the United Kingdom. PhD thesis, University of Manchester, UK.
Abstract
Risk management (RM) is a longstanding matter of concern in the field of construction management research, which is considered fundamental to organisation performance and project performance. Past and extant research on risk management focused on formalised frameworks and models, while less attention has been given to risk management as a qualitatively dynamic process of what people actually do in everyday organisational practices. Notwithstanding the benefits of techno-rational approaches of RM, the extant literature provides an inconclusive answer to the development of any feasible approach for integrating different risk thinking and risk handling strategies. This thesis, therefore, aims to provide an empirical insight into the 'black box' of actuality of risk and uncertainty management, taking into consideration performances and encounters within two UK-based construction companies. Specifically, it seeks to elucidate a conceptual framework for making sense of risk and uncertainty management that identifies situated practices that construction companies can adapt and apply, evaluates their effectiveness on practitioners' and companies' performances, and explains the rationale behind them. To this end, the thesis employs three theoretical aspects, namely sensemaking, strategising, and dramaturgical lens to draw conclusions that provide an effective explanation of how construction companies manage and make sense of risk and uncertainty following the contemporary phenomenon of Brexit. This research followed a case study strategy and data were gathered through observations, interviews, and complementary data such as archival records, and exchanged emails within the two case study companies. The data were analysed using thematic analysis that constructed the emerged themes and the thematic network, after which conclusions were drawn. The main contributions of this thesis are (1) unfolding four underlying aspects, namely: conceptualisation of market, centralisation and decentralisation, and individual-collective agency, as the identified actual situated practices in managing and making sense of risks and uncertainties following the Brexit vote; (2) developing a conceptual framework to make sense of risk and uncertainty management that expresses how situated practices occur in construction companies; and (3) developing the dramaturgical examination, which reveals that sensemaking risk and uncertainty management is driven predominantly by three aspects: idealisation, detachment, and disengagement. These findings help to reduce the gap between the prescribed and techno-rational approaches of project risk management, and the actual practices involved in managing project risks in construction companies.
| Item Type: | Thesis (Doctoral) |
|---|---|
| Thesis advisor: | Abadi, M and Kirkham, R |
| Uncontrolled Keywords: | project risk management; effectiveness; market; uncertainty; case study; interview; project performance; thematic analysis; UK |
| Index terms: | sensemaking, interview, management research, United Kingdom, strategy, construction company, thematic analysis, practitioner, agency, conceptual framework, case study, decentralization, project risk management, effectiveness, risk management, uncertainty management, project performance |
| Subjects: | cognitive psychology, theoretical framing, financial risk, Geography, organization, practitioner, sociology, political science, performance management, management, project management theory and practice, methods and analysis, research design and methodology, risk assessment, data collection methods |
| Topics: | Project Management, Geographical Context, Risk Management, Quality Management, Business Strategy, Cost Management, Research Practice, Roles and Professions, Governance |
| Descriptive scope: | 5 PCTEA |
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