Identifying Subjective Perspectives on Managing Underground Risks at Schiphol Airport.

Recently, scholars have called for a focus on subjective aspects of risk management as a suitable lens for understanding how it functions. In line with this lens, this study focuses on project actors’ viewpoints on risk management in the context of construction projects to provide novel insights in risk management. Drawing on Renn’s model and following a Q methodology, we identify four risk management approaches among asset managers and project managers working at the Dutch Schiphol Airport. The action-oriented and future-oriented viewpoints are dominant, while the expert input and stakeholder-centric viewpoints are in the minority. Our findings extend the risk management debate by showing that (1) there are various approaches to risk management that have been identified independently from the formal risk management; (2) these approaches cannot be explained by a project actor’s role or objective within the project; and (3) that project actors have a dominant focus on managing complexity-induced risks at the expense of managing other types of risks. [ABSTRACT FROM AUTHOR]