Abstracts – Browse Results
Click on the titles below to expand the information about each abstract.
Viewing 1 results ...
Toole, T M (2005) A project management causal loop diagram. In: Khosrowshahi, F (Ed.), Proceedings 21st Annual ARCOM Conference, 7-9 September 2005, London, UK. Association of Researchers in Construction Management, Vol. 2, 763–72.
- Type: Conference Proceedings
- Keywords: project management; system dynamics; causal loop diagrams; feedback loops
- ISBN/ISSN: 0 902896 93 8
- URL: http://www.arcom.ac.uk/-docs/proceedings/ar2005-0763-0772_Toole.pdf
- Abstract:
System dynamics principles and analytical tools have the potential to alleviate several deficiencies in current project management analytical techniques. This paper facilitates the integration of system dynamics into project management by providing an overview of system dynamics principles, summarizing the deficiencies in current project management approaches, and presenting a causal loop diagram of a generic project management system. The feedback loops in the diagram explains how what appear to be rational project management actions can lead to unintended and counterintuitive consequences.