| Title |
A Study on the Cost Risk Analysis for Construction Projects using Fuzzy-AHP Method |
| Authors |
Lee Dong-un ; Kim Yeong-Su |
| Keywords |
Fuzzy Set Theory ; AHP ; Cost Risk ; Risk Management ; Fuzzy AHP |
| Abstract |
This research suggests the Fuzzy AHP-cost risk analysis model(FA-CRAM) where pairwise comparisons are described by membership values, for overcoming the limitation of the existed quantitative risk analysis methods. The FA-CRAM is to handle vague linguistic presentation caused by expert's experiences and subjective judgement and to synthesize fuzzy set theory with decision-making system AHP method, which is able to enhance precision of construction projects cost risk analysis and estimating specially on where highly demanded expert's experiences and intuition. |