Construction of a two-parameters fuzzy outranking relation from fuzzy evaluations

Gheorghe, Razvan; Bufardi, Ahmed; Xirouchakis, Paul

doi:10.1016/s0165-0114(03)00227-6

Cited by 20 publications

(26 citation statements)

References 31 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…This way was opted for as the simplest solution in the computational modelling vision and the specialist's understanding at the time of the research. The final result, in agreement with the three notable points of the space of the alpha-cut (Gheorghe et al [13,14]) approach solutions, is in Table 5. Through Table 5, we observed that all the limits (superior, medium and inferior) pointed to a risk of MEDIUM level for the project.…”

Section: Risk Management Based On Multicriteria Fuzzy Analysis (Mfa)supporting

confidence: 82%

Risk management in the aeronautical industry: results of an application of two methods

Fukayama¹,

Fernandes²,

Ebecken³

2008

WIT Transactions on Information and Communication

View full text Add to dashboard Cite

This article presents the results of two risk management methods, applied in the aeronautical industry, during the development of an aircraft for the executive market. The first method is the risk management in accordance with the best practices of Project Management International (PMI), and the second is a proposal of risk management based on Multicriteria Fuzzy Analysis (MFA). The PMI method of risk management is already widely used by the market. Its terminology is quite similar to other international standards of risk management. The MFA risk management method is a new proposal that requires specialist opinions, through a questionnaire, to identify internal and external project risks, measuring their level of threat to the project success. The structure of the questionnaire follows Risk Breakdown Structure (RBS) methodology of the PMI. This new approach generates indicators at three levels: operational, tactical and strategic, which facilitates the monitoring and the management of risks. Despite its complex mathematical base, the MFA method is easier to implement. Both methods reach a similar degree of risk indicators for the project; however, the MFA can be used in an earlier phase of the project, which can avoid some possible earlier risk entanglements. Due to the particularities of each method, both show important contributions to the project risk management. Therefore, complex projects should use both methods to achieve adequate risk management.

show abstract

Section: Risk Management Based On Multicriteria Fuzzy Analysis (Mfa)supporting

confidence: 82%

Risk management in the aeronautical industry: results of an application of two methods

Fukayama¹,

Fernandes²,

Ebecken³

2008

WIT Transactions on Information and Communication

View full text Add to dashboard Cite

show abstract

“…Gheorghe et al (2004Gheorghe et al ( , 2005 developed an approach that brings some flexibility to the precise manner in which experts present their evaluations of criteria. Using the alpha-cut concept, they consider decision-makers' behaviour in two dimensions: one being their degree of aggressiveness (aggressive or conservative), another being their degree of optimism (optimistic or pessimistic).…”

Section: Analytical Methodologymentioning

confidence: 99%

A quality approach to airport management

Fernandes

Pacheco

2008

Qual Quant

View full text Add to dashboard Cite

show abstract

“…Gheorghe et al [15,16] developed an approach that brings some flexibility to the precise manner in which specialists present their evaluations of criteria. Using the alpha-cut concept, they consider decision-maker's behaviours in two dimensions: one being their degree of aggressiveness (aggressive or conservative), another being their degree of optimism (optimistic or pessimistic).…”

Section: Analytical Methodologymentioning

confidence: 99%

Fuzzy Multicriteria analysis for evaluation of risks in complex engineering projects in the Aeronautical industry

Fukayama¹,

Fernandes²,

Ebecken

2008

WIT Transactions on Information and Communication Technologies

View full text Add to dashboard Cite

This paper presents an application, in the aeronautical industry, of a risk management methodology based on Fuzzy Multicriteria analysis (FMA). The proposed methodology analyses external and internal risks factors, formulating indicators that can be evaluated in some levels of the decision-making process (operational, tactical and strategic). The results show a way to obtain a more holistic vision of the risk in projects, assisting managers in the coordination of all possible risk factors that can affect the final result. Moreover, the results also demonstrate great chances of profits in cost, because of the faster analysis and the possibility to use in preliminary phases of the project.

show abstract

Construction of a two-parameters fuzzy outranking relation from fuzzy evaluations

Cited by 20 publications

References 31 publications

Risk management in the aeronautical industry: results of an application of two methods

Risk management in the aeronautical industry: results of an application of two methods

A quality approach to airport management

Fuzzy Multicriteria analysis for evaluation of risks in complex engineering projects in the Aeronautical industry

Contact Info

Product

Resources

About