University of Oulu
Pauna, T. (Tommi).
Stakeholder organization model for collaborative industrial investment projects.
Degree: 2019, University of Oulu
Abstract. Industrial investment projects are carried out in complex networks of different organizations. Therefore, resources and competencies from different organizations have to be integrated to the project. Success statistics of large investment projects are quite weak when they are evaluated with traditional quality, cost and time indicators. Especially management of complex networks and integration of different stakeholders cause challenges. In the literature, it has been noted that team integration, collaboration and better management of inter-organizational integration can improve project performance. In industrial investment project context, there is a lack of knowledge about which stakeholders should be involved in collaboration and how deeply and in which project phases.
The purpose of the study is to construct a model that defines different levels of collaboration and supports in organizing stakeholders on these levels. In addition, the model should define that how deeply different levels are involved and what collaborative methods and tools they use. In the beginning of the research, literature related to inter-organizational integration, stakeholder management and level of collaboration are presented. Empirical research was conducted by observations in the case project and in a workshop that was arranged for industrial experts.
In complex projects with a lot of uncertainty and equivocality, important stakeholders should be involved early in the project. Early involvement, socialization, joint discussions and mutual collaboration can support the achievement of goals and help improve project performance. Stakeholders’ importance can be defined according to their roles and responsibilities in the project, their competencies, information and interests related to the project and the level they can affect the project. Important stakeholders of the case project had a central role in the project and they had competencies that were useful for the project design and scheduling. According to the literature review and empirical analysis, the stakeholder organization model is constructed and its use defined.
Stakeholder organization model includes five phases:
— Defining the project objectives and overall need for collaboration
— Stakeholder identification
— Evaluation of stakeholder importance
— Stakeholder organization on different levels of collaboration
— Defining appropriate integration mechanisms and collaborative methods and tools for each level
There were no guidelines for organizing stakeholders on different levels in industrial investment project context. The model of this study can be used for defining need for collaboration and important stakeholders, organizing stakeholders on different levels and definition of which collaborative methods and tools could be introduced in the project and how different levels should use them. The results can be utilized in collaborative investment projects but utility of the model should be validated in different industrial projects. Stakeholder…
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APA (6th Edition):
Pauna, T. (. (2019). Stakeholder organization model for collaborative industrial investment projects. (Masters Thesis). University of Oulu. Retrieved from http://jultika.oulu.fi/Record/nbnfioulu-201908032736
Chicago Manual of Style (16th Edition):
Pauna, T (Tommi). “Stakeholder organization model for collaborative industrial investment projects.” 2019. Masters Thesis, University of Oulu. Accessed August 24, 2019.
MLA Handbook (7th Edition):
Pauna, T (Tommi). “Stakeholder organization model for collaborative industrial investment projects.” 2019. Web. 24 Aug 2019.
Pauna T(. Stakeholder organization model for collaborative industrial investment projects. [Internet] [Masters thesis]. University of Oulu; 2019. [cited 2019 Aug 24].
Available from: http://jultika.oulu.fi/Record/nbnfioulu-201908032736.
Council of Science Editors:
Pauna T(. Stakeholder organization model for collaborative industrial investment projects. [Masters Thesis]. University of Oulu; 2019. Available from: http://jultika.oulu.fi/Record/nbnfioulu-201908032736