Rickaby, B;
Krystallis, I;
Davies, A;
(2018)
Managing uncertainty (opportunities and threats) in megaprojects.
In: Walker, Derek, (ed.)
Proceedings of the 14th International Research Network on Organizing by Projects (IRNOP 2018).
International Research Network on Organizing by Projects (IRNOP): Melbourne, Australia.
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Abstract
Megaprojects inherently contain high levels of uncertainty, due to their scale, complexity and heterogeneous one-off delivery nature. Dealing with uncertainty (a ubiquitous phenomenon) in projects requires numerous approaches on multiple fronts (e.g. at an individual, organisational and inter-organisational level). Uncertainty is viewed as the unknown opportunity or threat that could emerge from multiple external and internal sources and has an influence during the project evolution. This paper draws on existing conceptual and empirical findings to understand uncertainty in megaprojects, this includes the megaproject context (underlying organisational dynamics), characteristics of uncertainty and management of uncertainty. Based on the initial findings, the key emerging ideas are developed into a set of preliminary propositions to guide research on understanding uncertainty within megaprojects. The conceptual findings provide the foundation required for further empirical research to explore and identify the key challenges and solutions of managing uncertainty and its characteristics through a multi-perspective approach.
| Type: | Proceedings paper |
|---|---|
| Title: | Managing uncertainty (opportunities and threats) in megaprojects |
| Event: | 14th International Research Network on Organizing by Projects (IRNOP), 10-12 December 2018, Melbourne, Australia |
| Location: | Melbourne, Australia |
| Dates: | 10 December 2018 - 12 December 2018 |
| Publisher version: | https://www.irnop.org/ |
| Language: | English |
| Additional information: | This version is the author accepted manuscript. For information on re-use, please refer to the publisher’s terms and conditions. |
| Keywords: | Uncertainty; Opportunity; Threat; Risk; Uncertainty Management; Megaprojects |
| UCL classification: | UCL UCL > Provost and Vice Provost Offices > UCL BEAMS UCL > Provost and Vice Provost Offices > UCL BEAMS > Faculty of the Built Environment |
| URI: | https://discovery.ucl.ac.uk/id/eprint/10074720 |
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