Megaproject Risk Analysis and Simulation: A Dynamic Systems Approach

Author:   Prince Boateng (Robert Gordon University, UK) ,  Zhen Chen (University of Strathclyde, UK) ,  Stephen O. Ogunlana (Heriot-Watt University, UK)
Publisher:   Emerald Publishing Limited
ISBN:  

9781786358318


Pages:   360
Publication Date:   28 April 2017
Format:   Hardback
Availability:   In Print   Availability explained
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Megaproject Risk Analysis and Simulation: A Dynamic Systems Approach


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Overview

Providing new knowledge on risk analysis and simulation for megaprojects, this book is essential reading for both academics and practitioners. Its focus is on technical descriptions of a newly developed dynamic systems approach to megaproject risk analysis and simulation. This is backed up by a discussion of the methodology as applied in a comprehensive case study on the Edinburgh Tram Network (ETN) project. The book informs both academic researchers and megaproject stakeholders with the latest information on risk as applied to megaprojects. As well as the complete case study, the book includes a general risk analysis framework for megaprojects, an analytic network process (ANP) method for risk quantification, a system dynamics (SD) method for risk simulation, and practical guides for the application of the dynamic systems approach in megaproject research and practice.

Full Product Details

Author:   Prince Boateng (Robert Gordon University, UK) ,  Zhen Chen (University of Strathclyde, UK) ,  Stephen O. Ogunlana (Heriot-Watt University, UK)
Publisher:   Emerald Publishing Limited
Imprint:   Emerald Publishing Limited
ISBN:  

9781786358318


ISBN 10:   178635831
Pages:   360
Publication Date:   28 April 2017
Audience:   Professional and scholarly ,  College/higher education ,  Professional & Vocational ,  Postgraduate, Research & Scholarly
Format:   Hardback
Publisher's Status:   Active
Availability:   In Print   Availability explained
This item will be ordered in for you from one of our suppliers. Upon receipt, we will promptly dispatch it out to you. For in store availability, please contact us.

Table of Contents

1. Introduction 2. The Edinburgh Tram Network (ETN) Project  3. Megaproject Risks Assessment Framework  4. Megaproject Risk Quantification  5. Risk Simulation  6. Conclusions References  Appendices  Index

Reviews

This volume outlines the technical details of a dynamic systems approach to megaproject risk analysis and simulation, based on the authors' long-term research into megaproject management, multi-criteria decision making, and system dynamics from 2010 to 2014. They offer a technical solution to overruns on cost and time in megaprojects, based on a comprehensive set of risks associated with social, technical, economic, environmental, and political issues in the megaproject environment and a dynamic systems approach called SDANP, an integrated use of tools including analytic network process (ANP) and system dynamics (SD) for risks prioritization and simulation. The model is described through a case study on the Edinburgh Tram Network project, along with a framework of qualitative risk analysis for megaprojects, megaproject risk quantification, and risk simulation. Distributed in North America by Turpin Distribution. -- Annotation (c)2017 Ringgold Inc. * (protoview.com) *


This volume outlines the technical details of a dynamic systems approach to megaproject risk analysis and simulation, based on the authors' long-term research into megaproject management, multi-criteria decision making, and system dynamics from 2010 to 2014. They offer a technical solution to overruns on cost and time in megaprojects, based on a comprehensive set of risks associated with social, technical, economic, environmental, and political issues in the megaproject environment and a dynamic systems approach called SDANP, an integrated use of tools including analytic network process (ANP) and system dynamics (SD) for risks prioritization and simulation. The model is described through a case study on the Edinburgh Tram Network project, along with a framework of qualitative risk analysis for megaprojects, megaproject risk quantification, and risk simulation. -- Annotation (c)2017 Ringgold Inc. * (protoview.com) *


Author Information

Prince Boateng, Koforidua Technical University, Koforidua, Ghana Zhen Chen, University of Strathclyde, UK  Stephen O. Ogunlana, Heriot-Watt University, Edinburgh, UK

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