risk response planning is one of the main phases in the project risk management and has major impacts on the success of a large-scale project. since projects are unique, and risks are dynamic through the life of the projects, it is necessary to formulate responses of the important risks. the conventional approaches tend to be less effective in dealing with the impreciseness of risk response pl...

Risk identification, impact assessment, and response planning constitute three building blocks of project risk management. Correspondingly, three types of interactions could be envisioned between risks, between impacts of several risks on a portfolio component, and between several responses. While the interdependency of risks is a well-recognized issue, the other two types of interactions remai...

Risk response planning is one of the main phases in the project risk management and has major impacts on the success of a large-scale project. Since projects are unique, and risks are dynamic through the life of the projects, it is necessary to formulate responses of the important risks. The conventional approaches tend to be less effective in dealing with the impreciseness of risk response p...

in the real world, risk and uncertainty are two natural properties in the implementation of mega projects. most projects fail to achieve the pre-determined objectives due to uncertainty. a linear integer programming optimization model was used in this work to solve a problem in order to choose the most appropriate risk responses for the project risks. a mathematical model, in which work structu...

background economic consequence analysis is vital for recognizing pipeline comprehensive risk analysis and emergency response planning. objectives the purpose of this study was to estimate economic loss due to fire and explosion in petrochemical feed and product pipelines. materials and methods the present study which performed on 47 pipelines of a petrochemical special zone, pertinent pipeline...

nowadays, risk management is considered as one of the most vital methods in project management which should be utilized in every industrial project. risk management process is able to identify risks, analyze them and determine responding strategies for declining impacts of risks. also most managers confront a challenge when they want to select one problem`s solution among the other ones. there ...