Managing complex projects for industry : developing a new approach to risk management

Howick, Susan and Ackermann, Fran and Walls, Lesley and Quigley, John and Houghton, Tom (2013) Managing complex projects for industry : developing a new approach to risk management. In: 26th European Conference in Operational Research, 2013-07-07 - 2013-07-11. (Unpublished)

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Abstract

This presentation discusses a project undertaken for an energy company. A process is described which assists the company to understand and manage risks involved with the project. The process involves two integrated activities; the first engages a range of stakeholders in surfacing risks and their ramifications in a causal risk map, while the second elicits expert judgement regarding uncertainties so as to understand the likelihood of risks occurring through a decision tree approach. The process has potential across a range of complex project management situations.

Author(s):	Howick, Susan ORCID: https://orcid.org/0000-0002-0796-7981, Ackermann, Fran, Walls, Lesley ORCID: https://orcid.org/0000-0001-7016-9141, Quigley, John and Houghton, Tom
Item type:	Conference or Workshop Item(Paper)
ID code:	45839
Keywords:	complex projects, industry, managing, new approach, risk management, Management. Industrial Management, Risk Management, Strategy and Management, Safety, Risk, Reliability and Quality
Subjects:	Social Sciences > Industries. Land use. Labor > Management. Industrial Management Social Sciences > Industries. Land use. Labor > Risk Management
Department:	Strathclyde Business School > Management Science Faculty of Engineering > Electronic and Electrical Engineering
Depositing user:	Pure Administrator
Date deposited:	12 Nov 2013 14:48
Last modified:	18 Oct 2019 07:17
Related URLs:	Event Event
URI:	https://strathprints.strath.ac.uk/id/eprint/45839
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