A fuzzy AHP model in risk ranking

Mohsen Askari, Hamid Reza Shokrizadeh, Nina Ghane

Research output: Contribution to journalArticlepeer-review

Abstract

The signification risks associated with construction projects need special attention from contractors to analyze and mange the risks. Risk management is the art and science of identifying, analyzing and responding to risk factors throughout the life cycle of the project and in the best interest of its objectives. In proposed model, we firstly identify risks in the construction projects and suitable criteria for evaluate risks and then structure the proposed AHP model. Finally we measure the significant risks in construction projects (SRCP) based on the project’s objectives by using fuzzy analytical hierarchy process (FAHP) technique.
Original languageEnglish
Pages (from-to)194-202
Number of pages9
JournalEuropean Journal of Business and Management
Volume6
Issue number14
Publication statusPublished - 2014

Open Access - Access Right Statement

Licensed under a Creative Commons Attribution 3.0 Unported (CC BY 3.0) License.

Keywords

  • construction projects
  • fuzzy logic
  • risk managment

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