• DocumentCode
    690935
  • Title

    Accounting for risk interactions and using importance measures for risk prioritization in project management

  • Author

    Chao Fang ; Xun Xiao ; Xiaoyan Zhu

  • Author_Institution
    Dept. of Syst. Eng. & Eng. Manage., City Univ. of Hong Kong, Hong Kong, China
  • fYear
    2012
  • fDate
    10-13 Dec. 2012
  • Firstpage
    1998
  • Lastpage
    2002
  • Abstract
    In this paper we present a method using importance measures for project risk prioritization. First, a simulation-based risk network model is used to account for risk interactions. Various measures are then proposed to assess the risks and risk interactions with respect to their influence on the defined global risk exposure. An example of application to a real musical staging project is presented.
  • Keywords
    project management; risk management; musical staging project; project management; project risk prioritization; risk interactions; simulation-based risk network model; Complexity theory; Frequency measurement; Project management; Rail to rail inputs; Risk management; Safety; Complexity; decision support; importance measures; project management; risk prioritization;
  • fLanguage
    English
  • Publisher
    ieee
  • Conference_Titel
    Industrial Engineering and Engineering Management (IEEM), 2012 IEEE International Conference on
  • Conference_Location
    Hong Kong
  • Type

    conf

  • DOI
    10.1109/IEEM.2012.6838096
  • Filename
    6838096
    • Link To Document
    https://search.isc.ac/dl/search/defaultta.aspx?DTC=49&DC=690935