Abstract
Much research has been conducted to the study of methods for managing ISD projects. This resulted in a large amount of literature on a variety of often normative ISD methods. The increasing projects' complexity provide new challenges regarding management and development. In complex projects scenarios where the outcome is composed of several deployed components, guaranteeing specific contract requirements for the prime contractor of the project is a real challenge. The focus of this paper is to find appropriate methods to facilitate end-to-end contract parameters in complex projects environments by automated supply chain formation and to establish and enforce contract parameters between each pair of component consumer/provider. Communication between agents along the supply chain is done by message exchange and provides propagation of constraints between subcontractors in the supply chain. Our findings reveal that the proposed method is able to address the emerging issues arising in complex projects.
Paper Type
Event
Expected Utility and Risk Management in Complex Projects
Much research has been conducted to the study of methods for managing ISD projects. This resulted in a large amount of literature on a variety of often normative ISD methods. The increasing projects' complexity provide new challenges regarding management and development. In complex projects scenarios where the outcome is composed of several deployed components, guaranteeing specific contract requirements for the prime contractor of the project is a real challenge. The focus of this paper is to find appropriate methods to facilitate end-to-end contract parameters in complex projects environments by automated supply chain formation and to establish and enforce contract parameters between each pair of component consumer/provider. Communication between agents along the supply chain is done by message exchange and provides propagation of constraints between subcontractors in the supply chain. Our findings reveal that the proposed method is able to address the emerging issues arising in complex projects.
Recommended Citation
Covaci, F., Bologa, C., & Silaghi, G. (2017). Expected Utility and Risk Management in Complex Projects. In Paspallis, N., Raspopoulos, M. Barry, M. Lang, H. Linger, & C. Schneider (Eds.), Information Systems Development: Advances in Methods, Tools and Management (ISD2017 Proceedings). Larnaca, Cyprus: University of Central Lancashire Cyprus. ISBN: 978-9963-2288-3-6. http://aisel.aisnet.org/isd2014/proceedings2017/ISDevelopment/2.