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Scientific Article details

Title A Model to Manage Cooperative Project Risks to Create Knowledge and Drive Sustainable Business
ID_Doc 77997
Authors Nunes, M; Abreu, A; Saraiva, C
Title A Model to Manage Cooperative Project Risks to Create Knowledge and Drive Sustainable Business
Year 2021
Published Sustainability, 13, 11
DOI 10.3390/su13115798
Abstract Efficient cooperation between organizations across all the phases of a project lifecycle is a critical factor to increase the chances of project success and drive sustainable business. However, and according to research, despite the large benefits that efficient organizational cooperation provides to organizations, they are still often reluctant to engage in cooperative partnerships. The reviewed literature argues that the major reason for such a trend is due to the lack of efficient and actionable supportive models to manage organizational cooperative risks. In this work we propose a model to efficiently support the management of organizational cooperative risks in project environments. The model, MCPx (management of cooperative projects), was developed based on four critical scientific pillars, (1) project risk management, (2) cooperative networks, (3) social network analysis, and (4) business intelligence architecture, and will analyze in a quantitative way how project cooperative behaviors evolve across a bounded time period, and to which extent they can turn into a cooperative project risk (essentially potential threats). For this matter, the MCPx model will quantitatively analyze five key project cooperative behavioral dimensions, (1) communication, (2) information sharing, (3) trust, (4) problem solving and (5) decision making, which show how dynamic interactions between project stakeholders evolve across time. The implementation and functioning principles of the MCPx model are illustrated with a case study.
Author Keywords project management; risk management; social network analysis; cooperative networks; business intelligence; project cooperative risks; knowledge creation; sustainable business
Index Keywords Index Keywords
Document Type Other
Open Access Open Access
Source Science Citation Index Expanded (SCI-EXPANDED); Social Science Citation Index (SSCI)
EID WOS:000660754600001
WoS Category Green & Sustainable Science & Technology; Environmental Sciences; Environmental Studies
Research Area Science & Technology - Other Topics; Environmental Sciences & Ecology
PDF https://www.mdpi.com/2071-1050/13/11/5798/pdf?version=1621847431
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