EconPapers    
Economics at your fingertips  
 

The Complexity of Decision-Making in Large Projects with Multiple Partners: Be Prepared to Change

Roger Miller and Brian Hobbs
Additional contact information
Roger Miller: Ecole Polytechnique in Montreal
Brian Hobbs: University of Quebec at Montreal (UQAM)

Chapter 18 in Making Essential Choices with Scant Information, 2009, pp 375-389 from Palgrave Macmillan

Abstract: Abstract All large projects can be considered complex. They have the characteristics identified by Williams (1999) as sources of complexity, i.e. structural complexity, in that they are composed of many interrelated components, subsystems and technologies and also uncertainty. The sources of uncertainty include the technology, the political and social environment and the market, with many interactive effects among them. The types of projects discussed here have additional characteristics that further increase their complexity and the difficulty of managing them.

Keywords: Large Project; Business Case; Infrastructure Project; Complex Project; Strategic Option (search for similar items in EconPapers)
Date: 2009
References: Add references at CitEc
Citations: View citations in EconPapers (4)

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

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:pal:palchp:978-0-230-23683-7_18

Ordering information: This item can be ordered from
http://www.palgrave.com/9780230236837

DOI: 10.1057/9780230236837_18

Access Statistics for this chapter

More chapters in Palgrave Macmillan Books from Palgrave Macmillan
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().

 
Page updated 2025-04-01
Handle: RePEc:pal:palchp:978-0-230-23683-7_18