Holonic Handling the Unexpected in Project Management

Bakos Levente () and Dumitrașcu Dănuț ()
Additional contact information
Bakos Levente: Lucian Blaga University of Sibiu, Sibiu, Romania
Dumitrașcu Dănuț: Lucian Blaga University of Sibiu, Sibiu, Romania

Balkan Region Conference on Engineering and Business Education, 2017, vol. 3, issue 1, 137-143

Abstract: Risk assessment is one the key activities of any project. The unexpected situations can have catastrophic consequences. Risk assessment tries to estimate to potential known unknowns, but there is no guarantee to foresee all circumstances around a project. In this situation the project team must be adaptive and find solutions by cooperation, creativity and abductive reasoning. In the paper we tried to analyse on what extent a project and a project team can be handled as a complex adaptive system. More precisely, how the scientific and practical achievements of the theory of complex adaptive systems (CAS) can be used in project management. More exactly, we analyse the applicability of the Holonic Multi-Agent Systems in risk management of the projects. We consider the way in which holons handle the unexpected situations can be a model in project management.

Keywords: risk management; project management; holonic manufacturing; complex systems (search for similar items in EconPapers)
Date: 2017
References: Add references at CitEc
Citations:

Downloads: (external link)
https://doi.org/10.1515/cplbu-2017-0019 (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:vrs:brcebe:v:3:y:2017:i:1:p:137-143:n:19

DOI: 10.1515/cplbu-2017-0019

Access Statistics for this article

Balkan Region Conference on Engineering and Business Education is currently edited by Constantin Oprean

More articles in Balkan Region Conference on Engineering and Business Education from Sciendo
Bibliographic data for series maintained by Peter Golla ().