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