2022
DOI: 10.1080/15732479.2022.2038642
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Flexibility and adaptability within the context of decision-making in infrastructure management

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Cited by 13 publications
(9 citation statements)
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References 41 publications
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“…Decision rules are evaluated at specific timestamps, and thus, the problem involves solving to find the most suitable values for decision rules and the most suitable options. Such problems can be solved via multistage stochastic programming (Cardin et al 2017; Torres-Rincón et al 2021; Sánchez-Silva & Calderón-Guevara 2022). Multistage stochastic programming is a generalized form of two-staged stochastic programming that allows for representing a wider range of uncertainties.…”
Section: Findings: Incorporating Changeability For Value Robustnessmentioning
confidence: 99%
See 1 more Smart Citation
“…Decision rules are evaluated at specific timestamps, and thus, the problem involves solving to find the most suitable values for decision rules and the most suitable options. Such problems can be solved via multistage stochastic programming (Cardin et al 2017; Torres-Rincón et al 2021; Sánchez-Silva & Calderón-Guevara 2022). Multistage stochastic programming is a generalized form of two-staged stochastic programming that allows for representing a wider range of uncertainties.…”
Section: Findings: Incorporating Changeability For Value Robustnessmentioning
confidence: 99%
“…However, a notable distinction is the presence of decision rules that are practical and intuitive to use as uncertainties are resolved, as opposed to relying on an algorithm attempt to deduce the rules autonomously. Sánchez-Silva & Calderón-Guevara (2022) mapped a Pareto of expected NPV and its variance to highlight the risk and returns of each change decision. Such a mapping supports the development team in visually identifying the suitable change decision.…”
Section: Findings: Incorporating Changeability For Value Robustnessmentioning
confidence: 99%
“…A closed-loop architecture can be thought of as a synthesis configuration, irrespective of the system domain, be it physical or social, organizational, economic, or a combination of thereof. However, the literature predominantly employs two distinctive terms: engineering adaptability [40,41] and managerial adaptability [42,43]. To handle change in the design and management of building structure systems, the closed-loop architecture caters to both those notions and brings them under the single umbrella of a system closed-loop architecture.…”
Section: Resilience As System Form Return Abilitymentioning
confidence: 99%
“…This shows that the management approach needs to address several challenges and can change over time, depending on the goal(s) of the collaboration. Since flexibility within the decision-making process can have a positive impact on improving the performance of infrastructure [45], it can add value to infrastructure management. Overall, the possible approaches towards management and which party initiates collaboration show flexibility in management approach as a form of flexibility (element 3).…”
Section: Element 3: Management Approachmentioning
confidence: 99%