Stakeholders, issues and the shaping of large engineering projects

© Raymond E. Levitt, W. Richard Scott and Michael J. Garvin 2019. All rights reserved. Social network analysis (SNA), supported by multiple software tools, has become an accepted methodology to document, visualize and interpret relationships among participants in an organization, community or other...

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Main Authors: Feng, Wen, Lessard, Donald R., Cameron, Bruce Gregory, Crawley, Edward F
Other Authors: Sloan School of Management
Format: Book chapter
Language:English
Published: Edward Elgar Publishing 2021
Online Access:https://hdl.handle.net/1721.1/137243.2
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author Feng, Wen
Lessard, Donald R.
Cameron, Bruce Gregory
Crawley, Edward F
author2 Sloan School of Management
author_facet Sloan School of Management
Feng, Wen
Lessard, Donald R.
Cameron, Bruce Gregory
Crawley, Edward F
author_sort Feng, Wen
collection MIT
description © Raymond E. Levitt, W. Richard Scott and Michael J. Garvin 2019. All rights reserved. Social network analysis (SNA), supported by multiple software tools, has become an accepted methodology to document, visualize and interpret relationships among participants in an organization, community or other social network. Participants are represented as nodes in the network, with various kinds of social interactions _ for example, advice seeking or knowledge sharing _ represented by unidirectional or bidirectional arcs or “edges” connecting the nodes. The stakeholders in a large infrastructure project are drawn from public, private and civic sectors, and the stakeholders in PPP projects become more or less salient at different times during the life cycle of a decades-long public_private partnership (PPP) concession. This chapter extends social network analysis for large projects such as PPPs to consider both direct and indirect, open or closed social and economic value-flows and combines their effects in terms of the utility of each exchange relationship to the focal stakeholder. This allows a given stakeholder _ for example, a public agency, concessionaire or civic organization _ to assess its power relative to other project stakeholders, and to identify possible value exchanges with other participants to align their goals.
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spelling mit-1721.1/137243.22024-06-06T20:20:55Z Stakeholders, issues and the shaping of large engineering projects Feng, Wen Lessard, Donald R. Cameron, Bruce Gregory Crawley, Edward F Sloan School of Management System Design and Management Program. Massachusetts Institute of Technology. Department of Aeronautics and Astronautics © Raymond E. Levitt, W. Richard Scott and Michael J. Garvin 2019. All rights reserved. Social network analysis (SNA), supported by multiple software tools, has become an accepted methodology to document, visualize and interpret relationships among participants in an organization, community or other social network. Participants are represented as nodes in the network, with various kinds of social interactions _ for example, advice seeking or knowledge sharing _ represented by unidirectional or bidirectional arcs or “edges” connecting the nodes. The stakeholders in a large infrastructure project are drawn from public, private and civic sectors, and the stakeholders in PPP projects become more or less salient at different times during the life cycle of a decades-long public_private partnership (PPP) concession. This chapter extends social network analysis for large projects such as PPPs to consider both direct and indirect, open or closed social and economic value-flows and combines their effects in terms of the utility of each exchange relationship to the focal stakeholder. This allows a given stakeholder _ for example, a public agency, concessionaire or civic organization _ to assess its power relative to other project stakeholders, and to identify possible value exchanges with other participants to align their goals. 2021-12-15T14:38:50Z 2021-11-03T17:00:11Z 2021-12-15T14:38:50Z 2019 2021-04-23T14:51:41Z Book chapter http://purl.org/eprint/type/BookItem 9781788973182 9781788973175 https://hdl.handle.net/1721.1/137243.2 Feng, Wen. 2019. "Stakeholders, issues and the shaping of large engineering projects." en 10.4337/9781788973182.00011 Public–Private Partnerships for Infrastructure Development Creative Commons Attribution-Noncommercial-Share Alike http://creativecommons.org/licenses/by-nc-sa/4.0/ application/octet-stream Edward Elgar Publishing MIT web domain
spellingShingle Feng, Wen
Lessard, Donald R.
Cameron, Bruce Gregory
Crawley, Edward F
Stakeholders, issues and the shaping of large engineering projects
title Stakeholders, issues and the shaping of large engineering projects
title_full Stakeholders, issues and the shaping of large engineering projects
title_fullStr Stakeholders, issues and the shaping of large engineering projects
title_full_unstemmed Stakeholders, issues and the shaping of large engineering projects
title_short Stakeholders, issues and the shaping of large engineering projects
title_sort stakeholders issues and the shaping of large engineering projects
url https://hdl.handle.net/1721.1/137243.2
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