Managing Projects in an Uncertain and Volatile World: Engaging Stakeholders, and Building a Systemic View of Risk

As evidenced through both a historical and contemporary number of over-runs managing projects can be a risky business. Managers are faced with effectively working with a multitude of parties, dealing with a wealth of interlocking uncertainties and frequently undertaking these activities within a com...

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Main Authors: Ackermann, Fran, Howick, S., Quigley, J., Walls, L., Houghton, T.
Other Authors: Raj Pillai
Format: Conference Paper
Published: ANZAM 2012
Online Access:http://hdl.handle.net/20.500.11937/46646
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author Ackermann, Fran
Howick, S.
Quigley, J.
Walls, L.
Houghton, T.
author2 Raj Pillai
author_facet Raj Pillai
Ackermann, Fran
Howick, S.
Quigley, J.
Walls, L.
Houghton, T.
author_sort Ackermann, Fran
building Curtin Institutional Repository
collection Online Access
description As evidenced through both a historical and contemporary number of over-runs managing projects can be a risky business. Managers are faced with effectively working with a multitude of parties, dealing with a wealth of interlocking uncertainties and frequently undertaking these activities within a compressed timeframe. This paper describes a risk management process developed to assist managers facing such situations. The process explicitly engages a range of stakeholders using a group support system and causal mapping process and provides not only a comprehensive appreciation of the risks identified but also a greater understanding of their subtleties. Using a real case the paper will describe the process and outcomes along with its implications, before reflecting on the insights, limitations and future research.
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format Conference Paper
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institution Curtin University Malaysia
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publishDate 2012
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spelling curtin-20.500.11937-466462023-02-07T08:01:22Z Managing Projects in an Uncertain and Volatile World: Engaging Stakeholders, and Building a Systemic View of Risk Ackermann, Fran Howick, S. Quigley, J. Walls, L. Houghton, T. Raj Pillai Mustafa Ozbilgin Bill Harley Charmine Hartel As evidenced through both a historical and contemporary number of over-runs managing projects can be a risky business. Managers are faced with effectively working with a multitude of parties, dealing with a wealth of interlocking uncertainties and frequently undertaking these activities within a compressed timeframe. This paper describes a risk management process developed to assist managers facing such situations. The process explicitly engages a range of stakeholders using a group support system and causal mapping process and provides not only a comprehensive appreciation of the risks identified but also a greater understanding of their subtleties. Using a real case the paper will describe the process and outcomes along with its implications, before reflecting on the insights, limitations and future research. 2012 Conference Paper http://hdl.handle.net/20.500.11937/46646 ANZAM fulltext
spellingShingle Ackermann, Fran
Howick, S.
Quigley, J.
Walls, L.
Houghton, T.
Managing Projects in an Uncertain and Volatile World: Engaging Stakeholders, and Building a Systemic View of Risk
title Managing Projects in an Uncertain and Volatile World: Engaging Stakeholders, and Building a Systemic View of Risk
title_full Managing Projects in an Uncertain and Volatile World: Engaging Stakeholders, and Building a Systemic View of Risk
title_fullStr Managing Projects in an Uncertain and Volatile World: Engaging Stakeholders, and Building a Systemic View of Risk
title_full_unstemmed Managing Projects in an Uncertain and Volatile World: Engaging Stakeholders, and Building a Systemic View of Risk
title_short Managing Projects in an Uncertain and Volatile World: Engaging Stakeholders, and Building a Systemic View of Risk
title_sort managing projects in an uncertain and volatile world: engaging stakeholders, and building a systemic view of risk
url http://hdl.handle.net/20.500.11937/46646