FEATURED PAPER
By Michael Frahm
Baden-Württemberg, Germany
and
Dr. Martin Pfiffner
Pfäffikon, Switzerland
Abstract
The following article is an introduction to the design of megaproject organizations based on the viable system model. It combines approaches from project management with approaches from systems theory. The understanding of complexity and how it is effectively managed by the organizational code is a central theme. After referring to current research and a short introduction, the application is shown by using an example. The article shows how important the „applied“ management model is for a successful management of mega projects.
Keywords: Majorprojects, Megaprojects, System Theory, Viable System Model, Organisation, Complexity
DECRYPTING THE DNA OF MEGAPROJECTS A Model-based Management Approachusing the Viable System Model (VSM) FEATURED PAPERBy Michael FrahmBaden-Württemberg, GermanyandDr. Martin PfiffnerPfäffikon, SwitzerlandAbstractThe following article is an introduction to the design of megaproject organizations based on the viable system model. It combines approaches from project management with approaches from systems theory. The understanding of complexity and how it is effectively managed by the organizational code is a central theme. After referring to current research and a short introduction, the application is shown by using an example. The article shows how important the „applied“ management model is for a successful management of mega projects.Keywords: Majorprojects, Megaprojects, System Theory, Viable System Model, Organisation, Complexity
Decrypting the DNA of Megaprojects – PM World Journal