Abstract
Projects can be considered as value-creating processes. The definition of strategic value is important in the front end of system delivery projects, but also uncertain and susceptible to stakeholders’ interpretations. This study explores project-based firms’ decision-making on strategic value in system delivery projects. A case study with a system provider in process industry reveals external and internal sources of strategic value, and a collaborative approach to decision making. Decision making on strategic value requires customers and suppliers to engage in jointly understanding needs, evaluating joint benefits from collaboration, and understanding of both parties’ value creation capacities in the long term.
Original language | English |
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Number of pages | 10 |
Publication status | Published - Jul 2017 |
Publication type | Not Eligible |
Event | European Operations Management Conference 2017 - Heriot Watt University, Edinburgh, United Kingdom Duration: 3 Jul 2017 → 5 Jul 2017 http://euroma2017.org/ |
Conference
Conference | European Operations Management Conference 2017 |
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Abbreviated title | EUROMA |
Country/Territory | United Kingdom |
City | Edinburgh |
Period | 3/07/17 → 5/07/17 |
Internet address |