Cover Image

Development of a hybrid AHP and Dempster-Shafer theory of evidence for project risk assessment problem

In this paper, a new hybrid AHP and Dempster-Shafer Theory of Evidence is presented for solving the problem of choosing the best project among a list of available alternatives while uncertain risk factors are taken into account. The aim is to minimize overall risks. For this purpose, four groups of...

Full description

Saved in:
Bibliographic Details
Main Authors: Albogami, Saad M., Mohd Ariffin, Mohd Khairol Anuar, Supeni, Eris Elianddy, Ahmad, Kamarul Arifin
Format: Article
Language:English
Published: Growing Science 2021
Online Access:http://psasir.upm.edu.my/id/eprint/96686/1/ABSTRACT.pdf
http://psasir.upm.edu.my/id/eprint/96686/
http://growingscience.com/beta/jpm/5194-development-of-a-hybrid-ahp-and-dempster-shafer-theory-of-evidence-for-project-risk-assessment-problem.html
Tags: Add Tag
No Tags, Be the first to tag this record!
id my.upm.eprints.96686
record_format eprints
spelling my.upm.eprints.966862022-12-01T08:28:20Z http://psasir.upm.edu.my/id/eprint/96686/ Development of a hybrid AHP and Dempster-Shafer theory of evidence for project risk assessment problem Albogami, Saad M. Mohd Ariffin, Mohd Khairol Anuar Supeni, Eris Elianddy Ahmad, Kamarul Arifin In this paper, a new hybrid AHP and Dempster-Shafer Theory of Evidence is presented for solving the problem of choosing the best project among a list of available alternatives while uncertain risk factors are taken into account. The aim is to minimize overall risks. For this purpose, four groups of risk factors, including Properties, Operational and Technological, Financial, Strategic risk factors, are considered. Then using an L2 4 Taguchi method, several experiments with various dimensions have been designed and solved by the proposed algorithm. The outcomes are then analyzed using the Validating Index (VI), Reduced Risk Indicator (R.R.I%), and Solving time. The findings indicated that, compared to the classic AHP, the results of the proposed hybrid method were different in most cases due to uncertainty of risk factors. It was observed that the method could be safely used for selecting project problems in real industries. Growing Science 2021 Article PeerReviewed text en http://psasir.upm.edu.my/id/eprint/96686/1/ABSTRACT.pdf Albogami, Saad M. and Mohd Ariffin, Mohd Khairol Anuar and Supeni, Eris Elianddy and Ahmad, Kamarul Arifin (2021) Development of a hybrid AHP and Dempster-Shafer theory of evidence for project risk assessment problem. Journal of Project Management, 7. pp. 77-94. ISSN 2371-8366; ESSN: 2371-8374 http://growingscience.com/beta/jpm/5194-development-of-a-hybrid-ahp-and-dempster-shafer-theory-of-evidence-for-project-risk-assessment-problem.html 10.5267/j.jpm.2021.10.003
institution Universiti Putra Malaysia
building UPM Library
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universiti Putra Malaysia
content_source UPM Institutional Repository
url_provider http://psasir.upm.edu.my/
language English
description In this paper, a new hybrid AHP and Dempster-Shafer Theory of Evidence is presented for solving the problem of choosing the best project among a list of available alternatives while uncertain risk factors are taken into account. The aim is to minimize overall risks. For this purpose, four groups of risk factors, including Properties, Operational and Technological, Financial, Strategic risk factors, are considered. Then using an L2 4 Taguchi method, several experiments with various dimensions have been designed and solved by the proposed algorithm. The outcomes are then analyzed using the Validating Index (VI), Reduced Risk Indicator (R.R.I%), and Solving time. The findings indicated that, compared to the classic AHP, the results of the proposed hybrid method were different in most cases due to uncertainty of risk factors. It was observed that the method could be safely used for selecting project problems in real industries.
format Article
author Albogami, Saad M.
Mohd Ariffin, Mohd Khairol Anuar
Supeni, Eris Elianddy
Ahmad, Kamarul Arifin
spellingShingle Albogami, Saad M.
Mohd Ariffin, Mohd Khairol Anuar
Supeni, Eris Elianddy
Ahmad, Kamarul Arifin
Development of a hybrid AHP and Dempster-Shafer theory of evidence for project risk assessment problem
author_facet Albogami, Saad M.
Mohd Ariffin, Mohd Khairol Anuar
Supeni, Eris Elianddy
Ahmad, Kamarul Arifin
author_sort Albogami, Saad M.
title Development of a hybrid AHP and Dempster-Shafer theory of evidence for project risk assessment problem
title_short Development of a hybrid AHP and Dempster-Shafer theory of evidence for project risk assessment problem
title_full Development of a hybrid AHP and Dempster-Shafer theory of evidence for project risk assessment problem
title_fullStr Development of a hybrid AHP and Dempster-Shafer theory of evidence for project risk assessment problem
title_full_unstemmed Development of a hybrid AHP and Dempster-Shafer theory of evidence for project risk assessment problem
title_sort development of a hybrid ahp and dempster-shafer theory of evidence for project risk assessment problem
publisher Growing Science
publishDate 2021
url http://psasir.upm.edu.my/id/eprint/96686/1/ABSTRACT.pdf
http://psasir.upm.edu.my/id/eprint/96686/
http://growingscience.com/beta/jpm/5194-development-of-a-hybrid-ahp-and-dempster-shafer-theory-of-evidence-for-project-risk-assessment-problem.html
_version_ 1752147918795571200
score 13.211869

Similar Items