Systemic risk elicitation: Using causal maps to engage stakeholders and build a comprehensive view of risks
|dc.identifier.citation||Ackermann, F. and Howick, S. and Quigley, J. and Walls, L. and Houghton, T. 2014. Systemic risk elicitation: Using causal maps to engage stakeholders and build a comprehensive view of risks. European Journal of Operational Research. 238 (1): pp. 290-299.|
As evidenced through both a historical and contemporary number of reported over-runs, managing projects can be a risky business. Managers are faced with the need to effectively work with a multitude of parties and deal with a wealth of interlocking uncertainties. This paper describes a modelling process developed to assist managers facing such situations. The process helps managers to develop a comprehensive appreciation of risks and gain an understanding of the impact of the interactions between these risks through explicitly engaging a wide stakeholder base using a group support system and causal mapping process. Using a real case the paper describes the modelling process and outcomes along with its implications, before reflecting on the insights, limitations and future research.
|dc.publisher||Elsevier BV * North-Holland|
|dc.subject||group decision making|
|dc.title||Systemic risk elicitation: Using causal maps to engage stakeholders and build a comprehensive view of risks|
|dcterms.source.title||European Journal of Operational Research|
|curtin.accessStatus||Fulltext not available|