Dependency structure matrix modelling for stakeholder value networks
This paper develops a qualitative/quantitative network approach, namely a “Stakeholder Value Network”, to understand the impacts of both direct and indirect relationships between stakeholders on the success of large engineering projects. Specifically, this paper explores the feasibility and benefit...
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| Format: | Article |
| Language: | en_US |
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Design Society
2013
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| Online Access: | http://hdl.handle.net/1721.1/81156 https://orcid.org/0000-0003-0472-0753 https://orcid.org/0000-0001-6677-383X |
| _version_ | 1826203550297882624 |
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| author | Feng, Wen Crawley, Edward F. de Weck, Olivier L. Keller, Rene Robinson, Bob |
| author2 | Massachusetts Institute of Technology. Department of Aeronautics and Astronautics |
| author_facet | Massachusetts Institute of Technology. Department of Aeronautics and Astronautics Feng, Wen Crawley, Edward F. de Weck, Olivier L. Keller, Rene Robinson, Bob |
| author_sort | Feng, Wen |
| collection | MIT |
| description | This paper develops a qualitative/quantitative network approach, namely a “Stakeholder Value Network”, to understand the impacts of both direct and indirect relationships between stakeholders on the success of large engineering projects. Specifically, this paper explores the feasibility and benefit of applying the Dependency Structure Matrix (DSM) as the modelling platform for Stakeholder Value Networks. Further, an efficient algorithm is designed for computing indirect stakeholder influence and implemented in a case study for a multinational energy project. The results derived from this analysis are able to answer three fundamental questions for stakeholder management: What are the critical paths/themes for a project to engage other stakeholders? Who are the most important stakeholders for a project? How can the complexity of a large relationship network be reasonably managed? |
| first_indexed | 2024-09-23T12:38:47Z |
| format | Article |
| id | mit-1721.1/81156 |
| institution | Massachusetts Institute of Technology |
| language | en_US |
| last_indexed | 2024-09-23T12:38:47Z |
| publishDate | 2013 |
| publisher | Design Society |
| record_format | dspace |
| spelling | mit-1721.1/811562022-10-01T10:16:13Z Dependency structure matrix modelling for stakeholder value networks Feng, Wen Crawley, Edward F. de Weck, Olivier L. Keller, Rene Robinson, Bob Massachusetts Institute of Technology. Department of Aeronautics and Astronautics Massachusetts Institute of Technology. Engineering Systems Division Feng, Wen Crawley, Edward F. de Weck, Olivier L. This paper develops a qualitative/quantitative network approach, namely a “Stakeholder Value Network”, to understand the impacts of both direct and indirect relationships between stakeholders on the success of large engineering projects. Specifically, this paper explores the feasibility and benefit of applying the Dependency Structure Matrix (DSM) as the modelling platform for Stakeholder Value Networks. Further, an efficient algorithm is designed for computing indirect stakeholder influence and implemented in a case study for a multinational energy project. The results derived from this analysis are able to answer three fundamental questions for stakeholder management: What are the critical paths/themes for a project to engage other stakeholders? Who are the most important stakeholders for a project? How can the complexity of a large relationship network be reasonably managed? 2013-09-24T20:49:46Z 2013-09-24T20:49:46Z 2010 Article http://purl.org/eprint/type/ConferencePaper http://hdl.handle.net/1721.1/81156 Wen Feng; Edward F. Crawley; Olivier de Weck; Rene Keller; Bob Robinson. :Dependency structure matrix modelling for stakeholder value networks". Proceedings of the 12th International DSM Conference, Cambridge, UK, 22.-23.07. 3-16. DSM 2010. https://orcid.org/0000-0003-0472-0753 https://orcid.org/0000-0001-6677-383X en_US http://www.designsociety.org/publication/30353/dependency_structure_matrix_modelling_for_stakeholder_valuenetworks Proceedings of the 12th International DSM Conference, Cambridge, UK, 22.-23.07.DSM 2010 Creative Commons Attribution-Noncommercial-Share Alike 3.0 http://creativecommons.org/licenses/by-nc-sa/3.0/ application/pdf Design Society MIT web domain |
| spellingShingle | Feng, Wen Crawley, Edward F. de Weck, Olivier L. Keller, Rene Robinson, Bob Dependency structure matrix modelling for stakeholder value networks |
| title | Dependency structure matrix modelling for stakeholder value networks |
| title_full | Dependency structure matrix modelling for stakeholder value networks |
| title_fullStr | Dependency structure matrix modelling for stakeholder value networks |
| title_full_unstemmed | Dependency structure matrix modelling for stakeholder value networks |
| title_short | Dependency structure matrix modelling for stakeholder value networks |
| title_sort | dependency structure matrix modelling for stakeholder value networks |
| url | http://hdl.handle.net/1721.1/81156 https://orcid.org/0000-0003-0472-0753 https://orcid.org/0000-0001-6677-383X |
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