Socio-ecological risks management dynamic simulation in megaproject development of the Edinburgh Tram Network

Boateng, Prince and Omotayo, Temitope and Osunsanmi, Temidayo and Ekundayo, Damilola (2022) Socio-ecological risks management dynamic simulation in megaproject development of the Edinburgh Tram Network. International Journal of Building Pathology and Adaptation. ISSN 2398-4708

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Abstract

Purpose: The inherent risks and their interactive impacts in megaproject development have been found in numerous cases worldwide. Although risk management standards have been recommended for the best practice in engineering construction projects, there is still a lack of systematic approaches to describing the interactions. Interactions such as social, technical, economic, ecological and political (STEEP) risks have complex and dynamic implications for megaproject construction. For a better understanding and effective management of megaprojects such as the Edinburgh Tram project, the dynamic interaction of concomitant risks must be studied.

Design/Methodology/approach: A systems dynamic methodology was adopted following the comprehensive literature review. Documentary data were gathered from the case study on Tram Network Project in Edinburgh.

Findings: A casual loop of typical evolution of key indicators of risks was then developed. A hypothesised model of social and ecological (S.E.) risks was derived using the system dynamics (S.D.) modelling technique. The model was set up following British Standards on risk management to provide a generic tool for risk management in megaproject development. The study reveals that cost and time overruns at the developmental stage of the case project are caused mainly by the effects of interactions of risk factors from the external macro project environment on a timely basis.

Originality/value: This article presented a model for simulating the socio-ecological risk confronting the management and construction of megaprojects. The use of system dynamics provided the opportunity to explain the nature of all risks, particularly the S.E. risks in the past stages of project development.

Keywords: Megaproject; Risks; System dynamics; Tram project

Item Type:	Article
Identification Number:	https://doi.org/10.1108/IJBPA-05-2022-0076
Dates:	Date Event 9 August 2022 Accepted 30 August 2022 Published Online
Uncontrolled Keywords:	Megaproject; Risks; System dynamics; Tram project
Subjects:	CAH09 - mathematical sciences > CAH09-01 - mathematical sciences > CAH09-01-02 - operational research CAH10 - engineering and technology > CAH10-01 - engineering > CAH10-01-01 - engineering (non-specific) CAH10 - engineering and technology > CAH10-01 - engineering > CAH10-01-02 - mechanical engineering CAH10 - engineering and technology > CAH10-01 - engineering > CAH10-01-03 - production and manufacturing engineering CAH10 - engineering and technology > CAH10-01 - engineering > CAH10-01-07 - civil engineering CAH10 - engineering and technology > CAH10-01 - engineering > CAH10-01-10 - others in engineering CAH10 - engineering and technology > CAH10-03 - materials and technology > CAH10-03-06 - others in technology CAH13 - architecture, building and planning > CAH13-01 - architecture, building and planning > CAH13-01-01 - architecture CAH13 - architecture, building and planning > CAH13-01 - architecture, building and planning > CAH13-01-03 - landscape design CAH13 - architecture, building and planning > CAH13-01 - architecture, building and planning > CAH13-01-04 - planning (urban, rural and regional) CAH15 - social sciences > CAH15-02 - economics > CAH15-02-01 - economics CAH17 - business and management > CAH17-01 - business and management > CAH17-01-01 - business and management (non-specific) CAH17 - business and management > CAH17-01 - business and management > CAH17-01-04 - management studies CAH17 - business and management > CAH17-01 - business and management > CAH17-01-09 - others in business and management
Divisions:	Faculty of Computing, Engineering and the Built Environment > College of Built Environment
Depositing User:	Damilola Ekundayo
Date Deposited:	11 Aug 2022 10:34
Last Modified:	20 Jun 2024 11:45
URI:	https://www.open-access.bcu.ac.uk/id/eprint/13464

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