Abstract
The paper presents a perspective of the design organization in engineering projects based on the economic concept of the hold-up problem. By integrating the economic theories on the boundaries of organizations into the existing knowledge on design in engineering projects, the paper hypothesizes a theoretical framework that represents the design organization in the context of the hold-up problem. The framework is illustrated with findings from an interpretive study of a large-scale engineering project that faced design integration issues that are well explained by the hold-up problem. The findings suggest the specific nature of the hold-up problem in design organizations which calls for a managerial mindset based on the concept of the social network and relational contracting instead of the typical project management reasoning based on static hierarchies of scope and controlling mechanisms.
Original language | English |
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Title of host publication | Working paper series, proceedings of the engineering project organization conference (EPOC 2012), July 10-12, 2012, Rheden, The Netherlands |
Editors | A. Javernick-Will, P. Chinowsky |
Place of Publication | Estes Park, Colorado |
Publisher | University of Colorado |
Pages | 1-14 |
Number of pages | 14 |
Publication status | Published - 10 Jul 2012 |
Event | Engineering Project Organization Conference, EPOC 2012 - Rheden, Netherlands Duration: 10 Jul 2012 → 12 Jul 2012 http://www.epossociety.org/EPOC2012/index.htm |
Publication series
Name | |
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Publisher | University of Colorado |
Conference
Conference | Engineering Project Organization Conference, EPOC 2012 |
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Abbreviated title | EPOC |
Country/Territory | Netherlands |
City | Rheden |
Period | 10/07/12 → 12/07/12 |
Internet address |
Keywords
- IR-81185
- METIS-287613