Title: Risk assessment of construction projects by using combined model of analytical network process and DEMATEL method

Authors: Rahman Soofifard; Mohsen Ebrahimi; Morteza Khakzar Bafruei

Addresses: ACECR, Technology Development Institute, Iran; Department of Training, Research Institute of Petroleum Industry (RIPI), NIOC, Iran ' Department of Studies and Human Resource Planning, Research Institute of Petroleum Industry (RIPI) NIOC, Iran ' Technology Development Institute, ACECR, Iran

Abstract: Many academic and administrative researchers have already done several attempts aiming at risk assessment of big projects. The main risks of construction projects have been identified and classified in this paper by investigating research and studies done in this regard. The risks have then been categorised into several groups and assessment and analysis of project risk have been carried out by using risk breakdown structure and presenting a mixed model of ANP and DEMATEL. Finally, this model application has been explained through a case study. By application of this model and polling experts, it has been proved that financial and external risks are more important than other types of risks.

Keywords: construction project; project risk management; risk assessment; analytical network process; DEMATEL.

DOI: 10.1504/IJSOM.2017.085902

International Journal of Services and Operations Management, 2017 Vol.28 No.1, pp.1 - 25

Received: 16 Nov 2015
Accepted: 16 Jan 2016

Published online: 18 Aug 2017 *

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