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Decision and Risk Analysis

Fuzzy Logic: An Appropriate Technique for Effective Risk Analysis and Decision Making for Construction Projects

Fuzzy Logic: An Appropriate Technique for Effective Risk Analysis and Decision Making for Construction Projects

... identified risk on the project are analysed numerically. Quantitative risk analysis quantifies the combined effect of risk on project ...quantitative risk analysis usually ...

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Developing a risk analysis and decision making strategy for an offshore wind farm

Developing a risk analysis and decision making strategy for an offshore wind farm

... of risk analysis, risk assessment and overall risk management is a widely explored field with various studies contributing to its thorough ...Effective risk mitigation is desirable by ...

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Option-II Modified: M&S in Decision Risk Analysis and Risk Mitigation

Option-II Modified: M&S in Decision Risk Analysis and Risk Mitigation

... the Risk Analysis and Risk Mitigation ...program’s Decision Risk Analysis ...detail, risk mitigation strategy development, evaluation of M&S ...

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Portfolio risk analysis by using multi criteria decision making method

Portfolio risk analysis by using multi criteria decision making method

... portfolio risk analysis, eliciting the original framework of portfolio decision making ,refinement of the elicited framework thanks to nominal process, prioritizing the projects within portfolio , ...

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Risk Analysis of a Process Plant Using Fuzzy Decision Making Tool

Risk Analysis of a Process Plant Using Fuzzy Decision Making Tool

... basis. Risk analysis is a broad term which deals with analysing the behaviour of the system and their sustainability in ...this, Risk priority number of each component is determined and analysed with ...

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Environmental risk analysis; A decision analytic perspective

Environmental risk analysis; A decision analytic perspective

... The study and modeling of uptake, distribution and elimination of xenobiotics through the body is closely parallel to the study of pharmacokinetics with an obvious complicating factor: i[r] ...

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Decision Making- Investment, Financial & Risk Analysis in Mining Projects

Decision Making- Investment, Financial & Risk Analysis in Mining Projects

... supplemented by the real options valuation in corporate finance including the mining industry. It states that managers who ignores these options are likely to arrive at valuations below those typically seen in market. ...

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Fighting the Ebola Virus – an exercise in risk analysis & decision making

Fighting the Ebola Virus – an exercise in risk analysis & decision making

... reduce risk scores with the possibility that their implementation may be able to move a region into a lower risk ...the risk of acquiring, or transmitting ...

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An idiosyncratic decision support system for credit risk analysis of small and medium-sized enterprises

An idiosyncratic decision support system for credit risk analysis of small and medium-sized enterprises

... of risk analysis, but also fits well within the construc- tivist nature of the MCDA approach (Gomes, Rangel 2009; Pereira et ...lending risk assessments through a muticri- teria approach seems not ...

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Decision Making Analysis for an Integrated Risk Management Framework of Maritime Container Port Infrastructure and Transportation Systems

Decision Making Analysis for an Integrated Risk Management Framework of Maritime Container Port Infrastructure and Transportation Systems

... for risk estimates of individual HEs at the bottom level of a risk analysis ...dynamic risk-based decision support in CTOS from a systematic ...port risk analysis, lies in ...

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Decision analysis and political processes

Decision analysis and political processes

... sensitivity analysis and robustness studies being used to investigate residual differences between scientists (French, 2003; Rios Insua and Ruggeri, ...and risk analysis (Aven, 2003; French and Rios ...

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Integrated Flood Risk Management using Multi Criterion Decision Analysis- Acase study of Bihar

Integrated Flood Risk Management using Multi Criterion Decision Analysis- Acase study of Bihar

... in-depth analysis of flood management.This flood risk analysis follows multiple criteria decision analysis (MCDA) using Concept of Choosing by Advantage (CBA) for selecting component of ...

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Risk Decision Analysis of Commercial Real Estate

Risk Decision Analysis of Commercial Real Estate

... the risk benefits to be gain are also different from others. Through risk analysis, we can get the risk benefits and probabilities for the risk benefits to happen of the above-mentioned ...

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Decision Tree Approach for Predicting Customers Credit Risk

Decision Tree Approach for Predicting Customers Credit Risk

... Credit risk analysis and management is important to financial institutions which provide loans to businesses and ...Credit risk prediction is one of the critical parts of a bank’s loan approval ...

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Management Accounting: strategic decision making, performance and risk

Management Accounting: strategic decision making, performance and risk

... More recently, the concept of a balanced scorecard (Kaplan & Norton, 1992) has provided operationally insightful ways in which management accountants can change from a production focus to a strategic focus when ...

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Decision making under risk of loss in children

Decision making under risk of loss in children

... towards risk of children aged between 3 and 9 years in a simple choice task between a lottery and a certain ...rational decision-making, or from CPT which assumes probability distortion and loss aversion, ...

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A RISK MITIGATION DECISION FRAMEWORK FOR INFORMATION TECHNOLOGY ORGANIZATIONS

A RISK MITIGATION DECISION FRAMEWORK FOR INFORMATION TECHNOLOGY ORGANIZATIONS

... software risk mitigation plan to reduce the risks consequences and their occurrence probabilities was proposed by ...the risk mitigation activities and implements a risk mitigation ...creating ...

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Portfolio decision with a quadratic utility and inflation risk

Portfolio decision with a quadratic utility and inflation risk

... A quadratic utility function is widely applied in economic and finance theory. The main advantage of a quadratic utility function is its tractability, and this is the main reason why the quadratic function is applied as ...

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Dissonance and decision making mistakes in the age of risk

Dissonance and decision making mistakes in the age of risk

... term risk society…epitomizes an era of modern society that no longer merely casts off traditional ways of life but rather wrestles with the side effects of successful modernization…” (Beck & Cronin, 2009: ...

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Risk Management for ISO 27005 Decision support

Risk Management for ISO 27005 Decision support

... first decision point ignores the aggregation of several low and medium risk which can result in significantly higher overall risk should be treated accordingly as major ...of risk impact on ...

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