IDEAS home Printed from https://ideas.repec.org/a/ids/ijdsrm/v6y2015i1p34-62.html
   My bibliography  Save this article

Application of fuzzy failure mode effect analysis and expected value method for project risk analysis of elevated corridor metro rail projects

Author

Listed:
  • Debasis Sarkar

Abstract

This paper is an attempt to develop a methodology of risk analysis by the use of fuzzy failure mode and effect analysis (FFMEA) and expected value method (EVM) of elevated corridor construction for metro rail. Case studies of Ahmedabad-Gandhinagar metro rail and Mumbai metro rail construction in India, at various phases, are presented to validate the concept of this technique. According to EVM analysis, for elevated corridor projects about 81% risks are in the domain of 'critical' and 19% risks are under the domain of 'high' risk severity. According to FFMEA analysis about 85% of the risks fall under 'critical' severity category and rest 15% of the risks fall under 'v. high' and 'high' risk category. Thus quite similar results are obtained from both techniques. The project authorities need to adopt risk mitigation measures to avoid undue time and cost overrun for the project.

Suggested Citation

  • Debasis Sarkar, 2015. "Application of fuzzy failure mode effect analysis and expected value method for project risk analysis of elevated corridor metro rail projects," International Journal of Decision Sciences, Risk and Management, Inderscience Enterprises Ltd, vol. 6(1), pages 34-62.
    • Handle: RePEc:ids:ijdsrm:v:6:y:2015:i:1:p:34-62
    as

    Download full text from publisher

    File URL: http://www.inderscience.com/link.php?id=72753
    Download Restriction: Access to full text is restricted to subscribers.
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ids:ijdsrm:v:6:y:2015:i:1:p:34-62. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sarah Parker (email available below). General contact details of provider: http://www.inderscience.com/browse/index.php?journalID=254 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.