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On enhancing joint risk management throughout a project's lifecycle : Empirical studies of Swedish construction projects
Due to their complexity, construction projects involve significant risks thatmust be managed in order to meet the main project objectives in terms of cost,time and quality. While some risks can be foreseen at the beginning of aproject and allocated among the project actors, other risks are difficult topredict. Moreover, even identified risks may change in scope and requiredifferent types of response. In order to manage such risks successfully,collaborative efforts among project actors are needed. This thesis focuses oncollaborative management of risks in construction projects – joint riskmanagement (JRM) – which is claimed to provide several advantages incomparison to separate risk management by each project actor. An overall aimis to increase the understanding of how JRM can be enhanced throughout aproject’s lifecycle.The underlying studies this thesis is based upon constitute a multiple case studyof nine construction projects, a questionnaire survey and a longitudinal casestudy of three construction projects. Empirical data were collected throughinterviews, observations of JRM workshops and document studies. Theempirical findings show that cooperative procurement procedures, organicmanagement systems and appropriate strategies for addressing agency-relatedproblems enhance JRM in construction projects. Thus they require thoroughconsideration when organizations intend to implement JRM.This thesis provides several contributions to risk management theory. Firstly,the author extends the definition of JRM by including its core componentstogether with associated activities and underlying factors. The extendeddefinition better reflects, and increases understanding of, the nature of JRM.Secondly, the research contributes to discussion of serious drawbacks related to traditional procurement practices by identifying and studying procurementvariables (project delivery method, form of payment and use of collaborationor partnering arrangements) that have a major influence on risk management.In addition, the results of ...
On enhancing joint risk management throughout a project's lifecycle : Empirical studies of Swedish construction projects
Due to their complexity, construction projects involve significant risks thatmust be managed in order to meet the main project objectives in terms of cost,time and quality. While some risks can be foreseen at the beginning of aproject and allocated among the project actors, other risks are difficult topredict. Moreover, even identified risks may change in scope and requiredifferent types of response. In order to manage such risks successfully,collaborative efforts among project actors are needed. This thesis focuses oncollaborative management of risks in construction projects – joint riskmanagement (JRM) – which is claimed to provide several advantages incomparison to separate risk management by each project actor. An overall aimis to increase the understanding of how JRM can be enhanced throughout aproject’s lifecycle.The underlying studies this thesis is based upon constitute a multiple case studyof nine construction projects, a questionnaire survey and a longitudinal casestudy of three construction projects. Empirical data were collected throughinterviews, observations of JRM workshops and document studies. Theempirical findings show that cooperative procurement procedures, organicmanagement systems and appropriate strategies for addressing agency-relatedproblems enhance JRM in construction projects. Thus they require thoroughconsideration when organizations intend to implement JRM.This thesis provides several contributions to risk management theory. Firstly,the author extends the definition of JRM by including its core componentstogether with associated activities and underlying factors. The extendeddefinition better reflects, and increases understanding of, the nature of JRM.Secondly, the research contributes to discussion of serious drawbacks related to traditional procurement practices by identifying and studying procurementvariables (project delivery method, form of payment and use of collaborationor partnering arrangements) that have a major influence on risk management.In addition, the results of ...
On enhancing joint risk management throughout a project's lifecycle : Empirical studies of Swedish construction projects
Osipova, Ekaterina (Autor:in)
01.01.2013
Local ba21d1f6-9c7f-45f6-b11c-111d768976d4
Hochschulschrift
Elektronische Ressource
Englisch
DDC:
690
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