Assessing Vulnerability of Complex Projects

Abstract

This chapter aims at following a systems thinking-based approach to identify, analyze, and control the weaknesses of complex project systems. This helps to highlight the damageable values of the project and identify the potentially endangered processes and elements of the project system. This focus permits to concentrate on the actual weaknesses of the project system instead of dealing only with risks, that is to say, potential events. The concept of project vulnerability is then introduced and used in a systems thinking-based complete project vulnerability management process, tested on a real case study.