International conference on construction engineering and project management (국제학술발표논문집)

  • 2024.07a
  • /
  • Pages.698-705
  • /
  • 2024
  • /
  • 2508-9048(eISSN)
Korea Institute of Construction Engineering and Management (한국건설관리학회)
권호 표지
DOI QR코드

DOI QR Code

A novel Approach to Risk Management for University Research Projects

  • Christina Angela Gross (Department of Powertrain Technologies, University of the Bundeswehr Munich) ;
  • Philip Sander (Department of Civil Engineering and Environmental Science, University of the Bundeswehr Munich) ;
  • Christian Trapp (Department of Powertrain Technologies, University of the Bundeswehr Munich)
  • Published : 2024.07.29
Download PDF
⟨ Previous Next ⟩

Abstract

Large-scale infrastructure projects are often characterized by a high degree of innovation but are also accompanied by uncertainties and risks. In university research projects, the complexity is even higher because, in addition to unknown factors, like unclear paths forward, they come with adaptive targets. These lead to higher uncertainties, and it is crucial to adhere to the magic triangle of project management to continuously monitor and ensure the achievement of the project goals. Additionally, in research, a dead-end does not inevitably lead to the failure of the project, but mostly it leads to new opportunities. This paper explores the relationship between project goals and risk management of university projects to create a tailored project plan. First, the challenges and needs were mapped out through a survey of ten project leaders at our university. This survey helped us understand the problems and led to a new approach for university projects. Second, the new approach including adjusted risk management and methodology is developed. Third, the results were combined with a project plan using a probabilistic methodology to modify the approach through predictive evaluations. This includes integrated cost, time, and risk analysis. The probabilistic results are based on a Monte Carlo simulation. In the paper differences and similarities between the management of large-scale infrastructure projects and research projects are highlighted. Therefore, a process for creating an exemplary, holistic project plan using a digital twin, which helps to optimize the management strategy for research is presented. Furthermore, the project plan is tailored to the needs of applied research, so that the results of the research can be useful for the industry.

Keywords

Acknowledgement

This research is part of the project MORE - Munich Mobility Research Campus. The project is funded by dtec.bw, funded by the European Union - NextGenerationEU. I would like to express thanks to my supervising professors - Univ.-Prof. Dipl.-Ing. Dr. techn. Philip Sander and Prof. Dr.-Ing. Christian Trapp - and to my colleagues Pravin Sundaram and Larissa Grundl.

References

  1. G. Kostka and J. Fiedler, Large Infrastructure Projects in Germany. Cham: Springer International Publishing, 2016. 
  2. International Tunnelling and Underground Space Association, EXPANDING UNDERGROUND - KNOWLEDGE AND PASSION TO MAKE A POSITIVE IMPACT ON THE WORLD: PROCEEDINGS OF THE ITA-AITES WORLD TUNNEL CONGRESS. BOCA RATON: CRC PRESS, 2023. [Online]. Available: https://www.taylorfrancis.com/books/9781003348030 
  3. B. Flyvbjerg, Policy And Planning For Large Infrastructure Projects : Problems, Causes, Cures: The World Bank, 2005. 
  4. S. Moore and R. Shangrew, "Managing Risk and Uncertainty in Large-Scale University Research Projects," Research Management Review, Volume 18, Number 2, 2011. 
  5. BMVg, Hochschulforschung mit Drittmitteln. [Online]. Available: Drittmittelrichtlinie C-1345-1_Stand 20.04.2018-2.pdf (accessed: Jan. 23 2024). 
  6. Statistisches Bundesamt, Drittmitteleinnahmen je Universitatsprofessur im Jahr 2021 bei 298 400 Euro. [Online]. Available: https://www.destatis.de/DE/Presse/Pressemitteilungen/2023/10/PD23_406_213.html (accessed: Feb. 27 2024). 
  7. Bundesministerium fur Wirtschaft und Klimaschutz, Bauwirtschaft. [Online]. Available: https://www.bmwk.de/Redaktion/DE/Artikel/Branchenfokus/Industrie/branchenfokus-bauwirtschaft.html (accessed: Jan. 31 2024). 
  8. PMI, A guide to the project management body of knowledge: (PMBOK guide). Newtown Square, Pennsylvania, USA: Project Management Institute, 2017. 
  9. R. Ahlrichs, "Experteninterviews: Methodisches Vorgehen," in Zwischen sozialer Verantwortung und okonomischer Vernunft, R. Ahlrichs, Ed., Wiesbaden: VS Verlag fur Sozialwissenschaften, 2012, pp. 105-114. 
  10. R. Schnell, Survey-Interviews: Methoden standardisierter Befragungen, 2nd ed. Wiesbaden: Springer Fachmedien Wiesbaden, 2019. 
  11. K.-H. Renner and N.-C. Jacob, Das Interview: Grundlagen und Anwendung in Psychologie und Sozialwissenschaften. Berlin, Heidelberg: Springer, 2020. 
  12. A. Windolph, Was macht ein Projekt komplex? [Online]. Available: https://projekte-leicht-gemacht.de/blog/projektmanagement/macht-ein-projekt-komplex/ (accessed: Dec. 5 2023). 
  13. F. Romeike, Risikomanagement. Wiesbaden: Springer Fachmedien Wiesbaden, 2018. 
  14. H. Wannick, R. Krammer, and P. Sander, The Insurers' Role in Project Risk Management. 
  15. A concise summary of Eric Ries' The lean startup-- in 30 minutes. Berkeley, Calif: Garamond Press, 2012. [Online]. Available: https://search.ebscohost.com/login.aspx?direct=true&scope=site&db=nlebk&db=nlabk&AN=513082 
  16. S. Isniah, H. Hardi Purba, and F. Debora, "Plan do check action (PDCA) method: literature review and research issues," j. sist. manaj. ind., vol. 4, no. 1, pp. 72-81, 2020, doi: 10.30656/jsmi.v4i1.2186. 
  17. M. Hader, Delphi-Befragungen: Ein Arbeitsbuch, 3rd ed. Wiesbaden: Springer VS, 2014. 
  18. P. Sander, M. Entacher, and J. Reilly, CEVP-RIAAT Process-Application of an Integrated Cost and Schedule Analysis. [Online]. Available: http://www.riaat.riskcon.at/ 
  19. RISKConsult GmbH, Aktives und zeitgemasses Projektmanagement mit RIAAT. Bundeln und verknupfen Sie Ihre Informationen aus Kostenmanagement, Risikomanagement und Terminplanung in einer einzigen Software. [Online]. Available: https://www.riskcon.at/software/riaat (accessed: Jan. 29 2024). 
  20. W. Gleissner, "Risikoanalyse, Risikoquantifizierung und Risikoaggregation," WIST, vol. 46, no. 9, pp. 4-11, 2017, doi: 10.15358/0340-1650-2017-9-4. 
  21. P. Sander, M. Spiegel, T. Burns, and J. Reilly, Digital Project Twin for Quantitative Cost, Risk and Schedule Assessment of Capital Projects. [Online]. Available: https://drive.google.com/file/d/13IzuBsPepRA9JIQSAQidAX8Y7NcfZbKS/view (accessed: Feb. 9 2024).