The Governance Components of Mega Multi-firm Projects in Consortiums

The system of governance in mega-projects, which is implemented when a variety of companies under a consortium agreement play a role, can affect the performance and success of the consortiums. According to the literature and the present research gap, it became clear that one of the key factors influencing success is having a proper and well-defined governance system. The purpose of this study is to get a better understanding of the components of the governance system in mega multi-firm projects in consortiums and its impact on participation. Using qualitative and exploratory research methods, six upstream consortiums in South Pars Company were investigated and content analysis was used to analyze the data and to reach the relationships among them. Governance characteristics and process mechanisms are identified as the two components of governance. Following that, the consequences of the existing governance resulting from these two elements are presented. Finally, ten interpretations of the results are put forward.