2024
DOI: 10.14483/23448393.21108
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Methodology for the Selection of Risk Response Actions while Considering Corporate Objectives in the Metalworking Industry

Álvaro Julio Cuadros-López,
Alexander Bustos-Useche,
Leonardo Bustos-Useche

Abstract: Context: Projects in metalworking companies are affected by risk. Proper risk management depends on the responses provided to improve the project plan. However, multiple potential actions may result in constraints due to multiple factors. The purpose of this article is to propose a hybrid approach to solve the problem of selecting risk response actions while considering strategic objectives, fuzzy logic, and simulation. Method: First, 334 risks were identified through a literature review and a discussion with … Show more

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