Making Infrastructure Procurement Processes more Flexible under Uncertainty

A third to a half of development projects undergo restructuring due to changes in project objectives, scope or other unanticipated changes, therefore requiring schedule extensions, budget additions and rework. Current procurement processes discourage managers from responding strategically by anticip...

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Bibliographic Details
Main Authors: Sakhrani, Vivek, Jordan, Luke, de Neufville, Richard
Format: Working Paper
Language:en_US
Published: Massachusetts Institute of Technology. Engineering Systems Division 2016
Online Access:http://hdl.handle.net/1721.1/102965