Towards a more balanced risk management - A Norwegian case study of Integrated Project Delivery
Master thesis
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http://hdl.handle.net/11250/2621992Utgivelsesdato
2019Metadata
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- Master of Science [1799]
Sammendrag
The aim of this thesis is to explore how the IPD model can facilitate a more balanced
risk management in construction projects. In order to address this, we will apply
institutional theory as a theoretical lens in order to explore the transition from
traditional risk management to shared risk management in construction projects.
We conducted a qualitative research with a single case study of the first IPD project
in Norway, and interviewed eight people from different units within the project
organization. The findings are structured and presented after the methodology of
Gioia, and the results lead to some interesting findings of practices that facilitate
shared risk. Several of the IPD principles are associated with the practices identified
as facilitators of shared risk in the project. Moreover, the study confirms the need
for training and onboarding on both project and organizational level due to
embedded routines and norms of traditional risk management. In addition, the
results emphasize the theory of organizational learning, as the establishment of new
practices for shared risk seem to rely on a dynamic process of organizational
learning. Limitations can be found in relation to the research design in which a
single case study is performed. There are also limitations associated with our case
being a pilot project. However, the results from this study can be relevant to the
construction industry, as IPD serves as an emergent model within the industry.
Beskrivelse
Masteroppgave(MSc) in Master of Science in Business, Strategy - Handelshøyskolen BI, 2019