Nash equilibrium model for conflicts in project management

Abstract

There are many types of concern to project management, and we used to deal with them using Risk management activities. But in the complicated situations, there are many factors and preconditions of the issues that make the problems unrecognizable with risk consultants, and the consequences of these issues getting more and more enormous. The cause of the problems can be a conflict between the project teams and their partners or maybe inside their team, or between teams groups. The solution for these unseen conflicts can result in cost, schedule, and quality of the project. In recent study trends, the application of Game theory to conflicts resolution in project management began to be applied. In this research, we proposed a Unified model of Game theory to solve the conflict problems in project management. We present solution of using the Unified model for three typical conflict problems: project payments, multi-round procurement, and management of risk responses. Experimental results show that proposed model has been applied effectively for these three problems.