IDEAS home Printed from https://ideas.repec.org/a/ids/ijsoma/v4y2008i4p441-459.html
   My bibliography  Save this article

Flexibility challenges in the project-based industry: towards a 'balloon organisation'

Author

Listed:
  • Maqsood Sandhu
  • Petri Helo

Abstract

Project-based organisations are often faced with the challenge of having many projects at certain times and very few at other times. In terms of resource management, flexibility is a key issue. The requirement for flexibility can be compared to a balloon – that is, an organisation needs to be able to expand and contract according to the types and sizes of its projects at any given time. A review of flexibility and project management literature was undertaken and a case study was developed to describe the managerial aspects of resource management in project business. This paper discusses the concept of 'balloon organisations' in project management and explores how firms can incorporate operational flexibility into project management. The paper suggests applying flexibility measures and real option type of valuation for required flexibility.

Suggested Citation

  • Maqsood Sandhu & Petri Helo, 2008. "Flexibility challenges in the project-based industry: towards a 'balloon organisation'," International Journal of Services and Operations Management, Inderscience Enterprises Ltd, vol. 4(4), pages 441-459.
    • Handle: RePEc:ids:ijsoma:v:4:y:2008:i:4:p:441-459
    as

    Download full text from publisher

    File URL: http://www.inderscience.com/link.php?id=17429
    Download Restriction: Access to full text is restricted to subscribers.
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ids:ijsoma:v:4:y:2008:i:4:p:441-459. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sarah Parker (email available below). General contact details of provider: http://www.inderscience.com/browse/index.php?journalID=150 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.