An analytic hierarchy process based model for risk and opportunity assessment of international construction projects

2006 ◽  
Vol 33 (1) ◽  
pp. 58-68 ◽  
Author(s):  
Irem Dikmen ◽  
M Talat Birgonul
Keyword(s):  
Risk Assessment ◽  
Analytic Hierarchy Process ◽  
Construction Projects ◽  
Real Data ◽  
Analytic Hierarchy ◽  
Construction Companies ◽  
International Construction ◽  
Construction Risk ◽  
International Projects ◽  
Hierarchy Process

Risk assessment of international projects is a complicated task because of the sensitivity of project success related to country specific risks as well as project risks. Decision makers face the difficulty of weighing project opportunities against risks and determining attractiveness of projects while giving bidding decisions. The aim of this paper is to propose a methodology for risk and opportunity assessment of international projects. The proposed model uses an analytic hierarchy process for calculation of risk and opportunity ratings. A risk breakdown structure, specific to international construction projects, is proposed as well as a list of factors that affect the ability of construction companies to manage risk. An application of the proposed methodology is demonstrated by using real data supplied by a construction company that is experienced in international markets. Ranking of project options is made according to the opportunity and risk ratings that are calculated by using the proposed methodology based on the judgments of company professionals.Key words: international construction, risk assessment, analytic hierarchy process.

Index of suicide risk in Mexico using Twitter

2019 ◽  
pp. 1-13
Author(s):  
Luz Judith Rodríguez-Esparza ◽  
Diana Barraza-Barraza ◽  
Jesús Salazar-Ibarra ◽  
Rafael Gerardo Vargas-Pasaye
Keyword(s):  
Social Networks ◽  
Analytic Hierarchy Process ◽  
Suicide Risk ◽  
Opinion Mining ◽  
Real Data ◽  
Analytic Hierarchy ◽  
Specialized Care ◽  
The Analytic Hierarchy Process ◽  
Hierarchy Process

Objectives: To identify early suicide risk signs on depressive subjects, so that specialized care can be provided. Various studies have focused on studying expressions on social networks, where users pour their emotions, to determine if they show signs of depression or not. However, they have neglected the quantification of the risk of committing suicide. Therefore, this article proposes a new index for identifying suicide risk in Mexico. Methodology: The proposal index is constructed through opinion mining using Twitter and the Analytic Hierarchy Process. Contribution: Using R statistical package, a study is presented considering real data, making a classification of people according to the obtained index and using information from psychologists. The proposed methodology represents an innovative prevention alternative for suicide.

Using Analytic Hierarchy Process to Optimize PESTEL Scenario Analysis Tool in Huge Construction Projects

2017 ◽  
Vol 865 ◽  
pp. 707-712 ◽  
Author(s):  
José Geraldo Lamas Leite ◽  
Luiz Carlos Brasil de Brito Mello ◽  
Orlando Celso Longo ◽  
Eduardo Picanço Cruz
Keyword(s):  
Analytic Hierarchy Process ◽  
Scenario Analysis ◽  
Exploratory Study ◽  
Construction Projects ◽  
Pareto Distribution ◽  
Civil Engineering ◽  
Analysis Tool ◽  
Analytic Hierarchy ◽  
Engineering Construction ◽  
Hierarchy Process

This paper uses the Analytic Hierarchy Process to optimize the PESTEL analysis. The scenario: pre-construction and assembly factors of huge civil engineering construction projects. Several managers use too many criteria to evaluate large projects. It suggests that there may be few important criteria that summarize the manager's preference. To demonstrate the feasibility of the proposed hypothesis, the authors prepared a qualitative and exploratory study. Conclusions are based on the judgment of an expert interviewed. As expected, the hypothesis was considered plausible. Two main criteria corresponded to 71% of the expert's preference. The result resembles a Pareto distribution.

scholarly journals Research on Construction Risk Control of International Project

2020 ◽  
Vol 198 ◽  
pp. 02023
Author(s):  
Lixiang Cao
Keyword(s):  
Risk Factors ◽  
Comprehensive Evaluation ◽  
International Project ◽  
Analytic Hierarchy ◽  
Construction Enterprises ◽  
Construction Companies ◽  
Risk Identify ◽  
Construction Risk ◽  
Project Construction ◽  
Hierarchy Process

From the perspective of China’s construction enterprises, taking the nature of risk and engineering’s characteristics into account. The paper apply the Delphi Method to establish primeval list of international project construction risk, use Analytic Hierarchy Process to conduct a comprehensive evaluation to risk factors in the primeval list of international project construction risk, identify risk factors and put forward coping strategies, The ultimate goal is to provide reference and a basis for risk management of construction companies involved in international project construction.

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