Criticality assessment risk; contribution of fuzzy logic

In order to determine the criticality of a risk, an assessment of the probability of occurrence (notion of frequency) and of the impact (notion of severity) are to be estimated. The criticality is the product of the probability of its occurrence and the impact that the risk has on the project, hence...

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Main Authors: Masmoudi S., Dhiaf M.M.
Format: Article
Language:English
Published: University of Belgrade 2018-01-01
Series:Yugoslav Journal of Operations Research
Subjects:
Online Access:http://www.doiserbia.nb.rs/img/doi/0354-0243/2018/0354-02431700005M.pdf
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author Masmoudi S.
Dhiaf M.M.
author_facet Masmoudi S.
Dhiaf M.M.
author_sort Masmoudi S.
collection DOAJ
description In order to determine the criticality of a risk, an assessment of the probability of occurrence (notion of frequency) and of the impact (notion of severity) are to be estimated. The criticality is the product of the probability of its occurrence and the impact that the risk has on the project, hence on the whole company. So, the practice of matrix or the criticality grid considering these two dimensions is necessary. However, the criticality grid involves the insufficiencies inherent to the subjective behavior of expert judgments and to the imprecise information engaged in the assessment of the risk. Taking into account the problems of the imperfection implied in the Conventional Criticality Matrix (CCM), the objective of this work is to develop a Fuzzy Criticality Matrix (FCM) to overcome these difficulties. The proposed model aims at improving the system of fuzzy inference. The proposed approach is applied to a test system which is the company SAROST S.A.
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spelling doaj.art-b174b5a0ce5f4552889091d2745ffa102022-12-21T22:23:21ZengUniversity of BelgradeYugoslav Journal of Operations Research0354-02431820-743X2018-01-012819310510.2298/YJOR161113005M0354-02431700005MCriticality assessment risk; contribution of fuzzy logicMasmoudi S.0Dhiaf M.M.1University of Sfax, Faculty of Economics and Management Sciences, Sfax, TunisiaEmirates College of Technology, Abu Dhabi, UAEIn order to determine the criticality of a risk, an assessment of the probability of occurrence (notion of frequency) and of the impact (notion of severity) are to be estimated. The criticality is the product of the probability of its occurrence and the impact that the risk has on the project, hence on the whole company. So, the practice of matrix or the criticality grid considering these two dimensions is necessary. However, the criticality grid involves the insufficiencies inherent to the subjective behavior of expert judgments and to the imprecise information engaged in the assessment of the risk. Taking into account the problems of the imperfection implied in the Conventional Criticality Matrix (CCM), the objective of this work is to develop a Fuzzy Criticality Matrix (FCM) to overcome these difficulties. The proposed model aims at improving the system of fuzzy inference. The proposed approach is applied to a test system which is the company SAROST S.A.http://www.doiserbia.nb.rs/img/doi/0354-0243/2018/0354-02431700005M.pdfcriticalityfuzzy inference system(conventional/fuzzy) criticality matrix (CCM) / (FCM)
spellingShingle Masmoudi S.
Dhiaf M.M.
Criticality assessment risk; contribution of fuzzy logic
Yugoslav Journal of Operations Research
criticality
fuzzy inference system
(conventional/fuzzy) criticality matrix (CCM) / (FCM)
title Criticality assessment risk; contribution of fuzzy logic
title_full Criticality assessment risk; contribution of fuzzy logic
title_fullStr Criticality assessment risk; contribution of fuzzy logic
title_full_unstemmed Criticality assessment risk; contribution of fuzzy logic
title_short Criticality assessment risk; contribution of fuzzy logic
title_sort criticality assessment risk contribution of fuzzy logic
topic criticality
fuzzy inference system
(conventional/fuzzy) criticality matrix (CCM) / (FCM)
url http://www.doiserbia.nb.rs/img/doi/0354-0243/2018/0354-02431700005M.pdf
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