Submit Manuscript

Journal of Applied Sciences

Year: 2008 | Volume: 8 | Issue: 20 | Page No.: 3738-3742
Facebook Twitter Digg Reddit Linkedin StumbleUpon E-mail

Article Trend

Total views 686

Search

Authors

Amiruddin Ismail

Abbas M. Abd

Zamri Bin Chik

Keywords

Research Article

Approach to Analyze Risk Factors for Construction Projects Utilizing Fuzzy Logic

Amiruddin Ismail, Abbas M. Abd and Zamri Bin Chik
To effectively manage the risks in construction projects, it is necessary for organizations to identify important risk and to provide a tool to measure their effects. This study is a part of a research aimed to provide a methodology for identifying and ranking risk sources and factors in construction projects as approach to create an integrated construction project management system. A common problem in project risk management processes is the need to determine the relative significance of different sources of risk in order to guide subsequent risk management effort and ensure it remains cost effective. A common approach is to rank risks in terms of probability and severity to identify sources of risk that will receive the most attention. In this study, the methodology used was the collection of data in the shape of previous researches and works, interviews with experts and questionnaire survey, followed by data analysis and interpretation using fuzzy logic. The main factors of risk around the integrated project management system was studied and determined in term of effect, probability of occurrence to weight each factor.
PDF Fulltext XML References Citation

Leave a Comment

Your email address will not be published. Required fields are marked *