TY - JOUR
T1 - Current research trends and application areas of fuzzy and hybrid methods to the risk assessment of construction projects
AU - Islam, Muhammad Saiful
AU - Nepal, Madhav Prasad
AU - Skitmore, Martin
AU - Attarzadeh, Meghdad
PY - 2017/8
Y1 - 2017/8
N2 - Fuzzy and hybrid methods have been increasingly used in construction risk management research and this study aims to compile and analyse the basic concepts and methods applied in this field to date. A content analysis is made of a comprehensive literature review of publications during 2005–2017. It is found that the nature of complex projects is such that most risks are interdependent of each other. Therefore, a fuzzy structured method such as the fuzzy analytical network process (FANP) has frequently been used for different complex projects. However, the application of FANP is limited because of the tedious and lengthy calculations required for the pairwise comparisons needed and an inability to incorporate new information into the risk structure. To overcome this constraint, a fuzzy Bayesian belief network (FBBN) has been increasingly used for risk assessment. Further project-specific studies based on FBBN are recommended to justify its broader application. Beyond fuzzy methods, the Credal network – an extended form of Bayesian network- is found to have potential for risk assessment under uncertainty.
AB - Fuzzy and hybrid methods have been increasingly used in construction risk management research and this study aims to compile and analyse the basic concepts and methods applied in this field to date. A content analysis is made of a comprehensive literature review of publications during 2005–2017. It is found that the nature of complex projects is such that most risks are interdependent of each other. Therefore, a fuzzy structured method such as the fuzzy analytical network process (FANP) has frequently been used for different complex projects. However, the application of FANP is limited because of the tedious and lengthy calculations required for the pairwise comparisons needed and an inability to incorporate new information into the risk structure. To overcome this constraint, a fuzzy Bayesian belief network (FBBN) has been increasingly used for risk assessment. Further project-specific studies based on FBBN are recommended to justify its broader application. Beyond fuzzy methods, the Credal network – an extended form of Bayesian network- is found to have potential for risk assessment under uncertainty.
UR - http://www.scopus.com/inward/record.url?scp=85020420365&partnerID=8YFLogxK
U2 - 10.1016/j.aei.2017.06.001
DO - 10.1016/j.aei.2017.06.001
M3 - Article
AN - SCOPUS:85020420365
SN - 1474-0346
VL - 33
SP - 112
EP - 131
JO - Advanced Engineering Informatics
JF - Advanced Engineering Informatics
ER -