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Assessing the vulnerability of megaprojects using complex network theory

By: Guo, Ning, et al.
Material type: materialTypeLabelBookPublisher: Project Management Journal Description: 51(4), Aug, 2020: p.429-439.Subject(s): Vulnerability assessment, Megaprojects, Complex network theory, Proactive risk management In: Project Management JournalSummary: This article examines the vulnerability of megaprojects using complex network theory. The megaproject is first abstracted as a weighted directed network, after which a novel vulnerability metric is designed to quantify megaproject vulnerability. The proposed approach is then applied to a megaproject, which demonstrates its effectiveness in assessing vulnerability and identifying critical projects. Several protection strategies are finally proposed to enhance megaproject management. Overall, this study proposes a quantitative method to assess megaproject vulnerability that can reduce vulnerability and assist in the development of proactive risk approaches to ensure successful megaproject completion. – Reproduced
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Articles Articles Indian Institute of Public Administration
51(4), Aug, 2020: p.429-439 Available AR124833

This article examines the vulnerability of megaprojects using complex network theory. The megaproject is first abstracted as a weighted directed network, after which a novel vulnerability metric is designed to quantify megaproject vulnerability. The proposed approach is then applied to a megaproject, which demonstrates its effectiveness in assessing vulnerability and identifying critical projects. Several protection strategies are finally proposed to enhance megaproject management. Overall, this study proposes a quantitative method to assess megaproject vulnerability that can reduce vulnerability and assist in the development of proactive risk approaches to ensure successful megaproject completion. – Reproduced

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