Naderpajouh, N and Hastak, M (2014) Quantitative analysis of policies for governance of emergent dynamics in complex construction projects. Construction Management and Economics, 32(12), pp. 1222-1237. ISSN 01446193
Abstract
The complexity trend of construction projects is increasing, not only technologically but on several other fronts, such as the institutional diversity of the actors and the coupling of their interactions. As a result of this increase in complexity, projects frequently face the dynamics attributed to emerging actors, coalitions, contextual properties, or synergies. Reflecting this trend within the project governance framework provides a better understanding of the emergent risks that arise in the form of conflicts, project renegotiations, extreme modifications, or write-offs from projects. The aim of this study is to propose interactional analysis (IA) as a quantitative risk assessment (QRA) methodology to analyse and govern the emergent risks associated with the interactions in a system of systems (SoS), such as complex construction projects. Therefore, interactions are framed as the coupling of actors, and their associated emergent dynamics are quantified based on the equilibria of the interaction. Risk mitigation policies are then developed and analysed based on the associated interactional elements and mathematical functions. Policymakers can apply the methodology to develop policies and gauge their effectiveness in governance of the emergent dynamics within interactional contexts to overcome the challenges associated with infrastructure development.,
| Item Type: | Article |
|---|---|
| Uncontrolled Keywords: | complex systems; infrastructure management; power; quantitative analysis; risk |
| Index terms: | project governance framework, face, infrastructure development, mathematical function, methodology, construction project, system-of-systems, risk mitigation, quantitative analysis, complexity, infrastructure management, governance, coupling, complex system, risk assessment, dynamics, effectiveness, interaction, synergy |
| Subjects: | research methods, performance management, production management, infrastructure engineering, financial risk, partnership management, behavioral psychology, systems engineering, mathematical modelling, business, psychology, data analysis and analytics, project management |
| Topics: | Stakeholder Management, Governance, Cost Management, Research Practice, Project Management, Engineering Principles, Organizational Design, Quality Management |
| Descriptive scope: | 4 PCTA |
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