Executing major projects through Contractors
Name
61240301-MIT.pdf
Description
Full printable version
Size
14.75 MB
Format
Adobe PDF
Checksum (MD5)
7b76748013007bca7dcbe5553df6e406
Author(s)
McKenna, Nicholas A. (Nicholas Alan)
Advisor(s)
Nelson Repenning.
Date Issued
2005
Publisher
Massachusetts Institute of Technology
Abstract
Project based organizational structures are utilized in many industries. The firms engaged in these significant endeavors, project sponsor and contractor alike, risk both capital and reputation in the market-place with each new project. Delivering projects effectively provides all the firms involved with desirable financial outcomes and market advantage. This thesis sets out to identify and understand the mechanisms established by the contracting structure that in part determine the outcome of the project. It is suggested that the nature of the relationship between project sponsor and contractor shapes the outcome of the project to a significant extent. Complex and challenging projects are made more so by the adversarial relationships that frequently exist between the sponsor and contractor(s). This thesis unpacks the underlying mechanisms that determine that relationship and begins to establish a theory of the project organization that could lead to improved project execution performance.
Description
Thesis (S.M.)--Massachusetts Institute of Technology, System Design and Management Program, 2005.
Includes bibliographical references (p. 112-115).
Subjects
System Design and Management Program.
MIT Department
System Design and Management Program.
Terms of Use
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