An analytic network process model for risk quantification of mega construction projects

Erol, Huseyin; Dikmen, İrem; Atasoy, Güzide; Birgönül, M. Talat

doi:10.1016/j.eswa.2021.116215

Cited by 27 publications

(12 citation statements)

References 64 publications

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“…ANP is a reform of the Analytic Hierarchy Process (AHP) used in multicriteria decision-making problems (Oktari et al, 2023). ANP is modeled as a network structure composed of numerous components (criteria and alternatives) organized into groups and linked to one another based on the influence of the components (Erol et al, 2022). Pairwise comparisons were applied to assess the relative importance between the two criteria using a scale of 1-9, that indicated equally important (1), weakly more important (3), strongly more important (5), very strongly more important (7), and extremely more important (9).…”

Section: Analytical Network Process (Anp) and Analytical Hierarchy Pr...mentioning

confidence: 99%

Risk assessment in sustainable food supply chains: A holistic approach by using HOR-SWOT-ANP/AHP to ensuring performance improvement

Agustin Prima Dania,

Maulidina Lu’ayya,

Septifani

2024

AFSSAAE

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The global food supply chain plays an essential role in economic development while addressing environmental and social issues in its business system. However, this complex network is exposed to various risk factors related to sustainability that can disrupt the supply chain performance. CV. XYZ is a food manufacturer that produces jackfruit chips in Indonesia. During the supply chain process, this company needs to manage the various risks across the supplier, manufacturer, and retailer stages. By identifying and evaluating risks at each stage, mitigation and improvement strategies can be proposed. Therefore, this research aimed to analyze the supply chain risk mitigation and performance improvement strategies for maintaining supply chain stability and performance. House of Risk (HOR) was applied to analyze the mitigation strategies, while SWOT with analytical networking process (ANP) or analytical hierarchy process (AHP)/ (i.e., SWOT-ANP/AHP method)was used for analyzing performance improvement strategies by considering the weight of each factor. The result shows that twelve mitigation strategies are needed to mitigate the fourteen risk agents that focus on improving production activities and human resources. Moreover, eleven strategies have been proposed to improve sustainable supply chain performance in the future, focusing more on marketing activities and enhancing human resource capabilities.

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Section: Analytical Network Process (Anp) and Analytical Hierarchy Pr...mentioning

confidence: 99%

Risk assessment in sustainable food supply chains: A holistic approach by using HOR-SWOT-ANP/AHP to ensuring performance improvement

Agustin Prima Dania,

Maulidina Lu’ayya,

Septifani

2024

AFSSAAE

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“…Additionally, they even argue that one expert can be sufficient if the expert has both knowledge and practical experience about the selection criteria. Furthermore, Erol et al (2022) also underline the experiences of the experts as more important than the number of experts. There are several studies obtained the findings from comparison matrices with a limited number of experts such as three professionals (Dikmen et al, 2010), three experts (Yu et al, 2010), four decision-makers (Ennaceur et al, 2017), five experts (Kil et al, 2016).…”

Section: Sustainability Risks In Mcpsmentioning

confidence: 99%

Section: Development Of Ramscommentioning

confidence: 99%

Sustainability risk assessment in mega construction projects

Coskun,

Dikmen,

Birgonul

2023

BEPAM

Self Cite

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PurposeMegaprojects are large-scale and long-term investments. Three pillars of sustainable construction objectives, namely, social, environmental and economic, should be integrated into megaproject risk management to ensure long-term success. A risk assessment method, Risk Assessment Method for Sustainable Construction Objectives in Megaprojects (RAMSCOM), was developed for this purpose.Design/methodology/approachRAMSCOM was developed based on the latest concepts and identifying relevant and critical sustainability objectives and risks through an extensive literature review. Analytical Hierarchy Process (AHP) and Cross-Impact Analysis (CIA) were used to determine and quantify the threats regarding the importance of the sustainability objectives. The applicability of RAMSCOM was demonstrated on a real megaproject.FindingsThe findings revealed that sustainability risk assessment requires integration of economic, environmental, social objectives and analysis of cross-impacts of risk factors. Visualization of interrelated threats, vulnerabilities and objectives has a potential to support risk mitigation decisions to achieve sustainability goals.Research limitations/implicationsThe method has been developed based on the findings from a detailed literature survey on sustainability objectives and risks. RAMSCOM was tested on a single project with the assistance of three experts' views. Findings from the case project cannot be directly generalised for various megaprojects considering the unique nature of megaprojects.Practical implicationsDecision-makers can use RAMSCOM to assess sustainability risks in megaprojects and develop risk management plans for the most vulnerable and important sustainable objectives in a visual and quantified approach to ensure megaproject's sustainability in the long-term.Originality/valueThe theoretical contribution is a novel risk assessment method that integrates all dimensions of sustainability and quantifies the vulnerability of sustainability objectives considering their priorities, interrelations and risks. Sustainability dimensions, objectives and risks used in RAMSCOM can be useful for other researchers aiming to develop similar methods.

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“…Su et al employed the AHP and fussy mathematics methods to evaluate the risk level of coal mines [50]. Erol et al developed a risk assessment process for mega construction projects with an ANP model [51]. Su et al comprehensively applied the ANP and probabilistic neural network methods to assess the risk of county mining areas [52].…”

Section: Mcdm and Its Application In Risk Management And Green Productmentioning

confidence: 99%

Identifying Critical Risk Factors in Green Product Certification Using Hybrid Multiple-Criteria Decision-Making

Zhang

Yang

2022

Sustainability

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Green product certification (GPC) is an important means of eliminating the asymmetry of information between consumers and manufacturers in the context of sustainable development. This study examined the critical risk factors in GPC and provided relevant suggestions for managers to reduce risk and ensure the correctness of the process. First, 18 risk factors were summarized along four dimensions: the certification institution, the entrusting enterprise, the certification business, and the implementation of the certification. Second, the Delphi method was used to determine the formal research framework, and the decision-making trial and evaluation laboratory (DEMATEL) method was applied to analyze the causal relationships among the risk factors to identify the ones driving risk and those representing the outcomes of GPC. This was used to construct a causality diagram of the risks related to green certification. Finally, the analytic network process (ANP) method was used to calculate the weight of each risk factor, and the weighted prominence of each is calculated to identify the critical factors. The results showed that the working life and experience of the certification institution were the critical driving risk factors in GPC. Corresponding countermeasures were also proposed to mitigate these risk factors.

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An analytic network process model for risk quantification of mega construction projects

Cited by 27 publications

References 64 publications

Risk assessment in sustainable food supply chains: A holistic approach by using HOR-SWOT-ANP/AHP to ensuring performance improvement

Risk assessment in sustainable food supply chains: A holistic approach by using HOR-SWOT-ANP/AHP to ensuring performance improvement

Sustainability risk assessment in mega construction projects

Identifying Critical Risk Factors in Green Product Certification Using Hybrid Multiple-Criteria Decision-Making

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