Engineering asset procurement : operationalising complex adaptive systems theory

Furneaux, Craig W., Brown, Kerry A., & Gudmundsson, Amanda J. (2008) Engineering asset procurement : operationalising complex adaptive systems theory. In International Conference on Infrastructure Systems : Building Networks for a Brighter Future, 10–12 November 2008, Rotterdam, Netherlands.

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Abstract

Procuring the management and maintenance of engineering assets are key activities of government, particularly given the importance of these assets for business and society. Despite their importance, the most effective methods for procuring engineering assets are still to be determined due to the complexity inherent in such arrangements. While Complex adaptive systems (CAS) theory has been advocated as a coherent theoretical framework for examining both procurement and engineering assets, considerable challenges remain in operationalising this framework for government systems. There are thus two challenges: developing an understanding of the complexity and dynamics of procurement systems, together with a practical problem of how to model such systems. This paper outlines CAS theory and suggests ways that it might be operationalised to examine engineering asset procurement.

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ID Code: 17138
Item Type: Conference Paper
Refereed: Yes
Keywords: Procurement, Engineering Assets, Complex Adaptive Systems, CAS
Subjects: Australian and New Zealand Standard Research Classification > COMMERCE MANAGEMENT TOURISM AND SERVICES (150000) > BUSINESS AND MANAGEMENT (150300) > Business and Management not elsewhere classified (150399)
Divisions: Current > Research Centres > Australian Centre for Business Research
Current > QUT Faculties and Divisions > QUT Business School
Current > Research Centres > CRC Integrated Engineering Asset Management (CIEAM)
Current > Schools > School of Management
Copyright Owner: Copyright 2008 [please contact the authors]
Deposited On: 06 Jan 2009 05:04
Last Modified: 05 Jan 2011 13:40

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