Opposing risk management theories: the context of large-scale projects
by Mohammad Baydoun
International Journal of Business Performance Management (IJBPM), Vol. 15, No. 3, 2014

Abstract: The normal accidents and high reliability organisations theories are widely known as presenting the intellectual discourse between two opposing schools of thought for risk management of complex systems as the first is tagged as pessimistic while the latter is labelled as optimistic. Due to high level of complexity and riskiness that is associated with large-scale project, discussing these two theories in this context is of high relevance. The context of developing countries was selected as investments in these countries are generally risky due to the high level of instability. This research showed that NAT and HRO are complementary rather than contradictory in such context.

Online publication date: Sat, 26-Jul-2014

The full text of this article is only available to individual subscribers or to users at subscribing institutions.

 
Existing subscribers:
Go to Inderscience Online Journals to access the Full Text of this article.

Pay per view:
If you are not a subscriber and you just want to read the full contents of this article, buy online access here.

Complimentary Subscribers, Editors or Members of the Editorial Board of the International Journal of Business Performance Management (IJBPM):
Login with your Inderscience username and password:

Username:        Password:          Forgotten your password?

Want to subscribe?
A subscription gives you complete access to all articles in the current issue, as well as to all articles in the previous three years (where applicable). See our Orders page to subscribe.

If you still need assistance, please email subs@inderscience.com