Shi, Y. and Collinge, W. orcid.org/0000-0003-3387-1649 (2023) Measuring Social Value In Rail Infrastructure Projects: A System Dynamic Approach. In: Proceedings 39th Annual ARCOM Conference. ARCOM Conference 2023: Constructing for the Future, 04-06 Sep 2023, Leeds, UK. ARCOM , London ISBN 978-0-9955463-7-0
Abstract
Social value refers to the social impact that a development makes to society for improving the economic, social and environmental wellbeing. The creation of social value is particularly relevant in the built environment for realising sustainable development goals. The built environment has a major impact on the local economy development, the wellbeing of individuals and communities, and environment regeneration through construction and management of infrastructure projects. Measuring social value in infrastructure projects encourages sustainable buildings through considering social contribution beyond economic returns. Although attention has been given to social value measurement, one of the main limitations of existing tools is that they do not take systems thinking that explicitly illustrates social value creation as an interaction process between a project and its environment over time. This paper addresses this issue by describing a system dynamics approach that can measure social value of rail infrastructure projects through the application of systems thinking. The application of this approach is illustrated through a case study, the Crossrail project in the UK.
Metadata
Item Type: | Proceedings Paper |
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Authors/Creators: |
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Keywords: | social value; rail infrastructure; system dynamics; system thinking |
Dates: |
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Institution: | The University of Leeds |
Academic Units: | The University of Leeds > Faculty of Engineering & Physical Sciences (Leeds) > School of Civil Engineering (Leeds) |
Depositing User: | Symplectic Publications |
Date Deposited: | 23 Aug 2023 08:56 |
Last Modified: | 04 Dec 2023 09:59 |
Published Version: | https://arcom.ac.uk/conf-archive-indexed.php |
Status: | Published |
Publisher: | ARCOM |
Open Archives Initiative ID (OAI ID): | oai:eprints.whiterose.ac.uk:202453 |