Affiliation:
1. Institute of Construction and Infrastructure Management at ETH Zurich, Switzerland
2. Polis Lombardia, Milan, Italy
Abstract
When collaborative project delivery models such as integrated project delivery (IPD) combine project resources, share decision-making rights, and distribute risk-and-reward among participants, the project can be conceptualized as a common-pool resource scenario. Multiple project appropriators have contractual rights to withdraw units from the shared resource system (i.e., the project budget). This theorization suggests project managers avoid the tragedy of the project by crafting effective self-governance structures in the face of pluralism. Using IPD as an example, this article suggests these project governance structures reflect Ostrom’s design principles for the successful governance of long-enduring common-pool resource scenarios.
Subject
Management of Technology and Innovation,Strategy and Management,Business and International Management
Cited by
21 articles.
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