Pekkinen, Leena; Aaltonen, Kirsi; Kujala, Jaakko; Härkönen, Janne (2015) Evaluating sources of risks in large engineering projects : the roles of equivocality and uncertainty. International Journal of Management, Knowledge and Learning, Vol. 4, No. 2, pp. 163-180. http://issbs.si/press/ISSN/2232-5697/4-2.pdf
Evaluating sources of risks in large engineering projects : the roles of equivocality and uncertainty
|Author:||Pekkinen, Leena1; Aaltonen, Kirsi1; Kujala, Jaakko1;|
1University of Oulu, Finland
|Online Access:||PDF Full Text (PDF, 0.1 MB)|
|Persistent link:|| http://urn.fi/urn:nbn:fi-fe202101283113
|Publish Date:|| 2021-02-01
Contemporary project risk management literature introduces uncertainty, i.e., the lack of information, as a fundamental basis of project risks. In this study the authors assert that equivocality, i.e., the existence of multiple and conflicting interpretations, can also serve as a basis of risks. With an in-depth empirical investigation of a large complex engineering project the authors identified risk sources having their bases in the situations where uncertainty or equivocality was the predominant attribute. The information processing theory proposes different managerial practices for risk management based on the sources of risks in uncertainty or equivocality.
International journal of management, knowledge and learning
|Pages:||163 - 180|
|Type of Publication:||
A1 Journal article – refereed
|Field of Science:||
222 Other engineering and technologies
Kone Foundation, project Darkening future visions: Dystopian fiction in contemporary Finnish literature (2015–2019).
© 2015 The Authors. This paper is published under the terms of the Attribution-NonCommercial-NoDerivatives 4.0 International (CC BY-NC-ND 4.0) License (http://creativecommons.org/licenses/by-nc-nd/4.0/).