DEMATEL-ANP risk assessment in oil and gas construction projects

Oil and gas construction projects are complex and risky because of their dynamic environment. Furthermore, rising global energy demand has increased the need for trustworthy risk assessment models for such projects that can provide adequate and precise policy planning. Traditional risk assessments i...

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Main Authors: Dedasht, G., Zin, R. M., Ferwati, M. S., Abdullahi, M. M., Keyvanfar, A., McCaffer, R.
格式: Article
語言:English
出版: MDPI AG 2017
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在線閱讀:http://eprints.utm.my/id/eprint/75687/1/RosliMohamadZin_DEMATEL-ANPRiskAssessmentinOil.pdf
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spelling my.utm.756872018-04-27T01:45:47Z http://eprints.utm.my/id/eprint/75687/ DEMATEL-ANP risk assessment in oil and gas construction projects Dedasht, G. Zin, R. M. Ferwati, M. S. Abdullahi, M. M. Keyvanfar, A. McCaffer, R. TA Engineering (General). Civil engineering (General) Oil and gas construction projects are complex and risky because of their dynamic environment. Furthermore, rising global energy demand has increased the need for trustworthy risk assessment models for such projects that can provide adequate and precise policy planning. Traditional risk assessments in oil and gas construction projects do not consider the interrelationships of factors in the best-fit models. The Decision Making Trial and Evaluation Laboratory (DEMATEL) and Analytic Network Processes (ANP), called the DEMATEL-ANP approach, have been applied to other research disciplines to address this shortcoming. This method is able to construct a structural relationship among the different influence factors to visualize complex correlations. Thus, the purpose of this study is to showcase the DEMTAL-ANP risk assessment model to assess the overall risk factors of OGC projects. This study thus identifies the crucial risk criteria of such projects. Data were collected in 2016 through interviews with experts active in OGC projects in Iran. DEMATEL in this situation is used to determine the interdependencies' relative strengths among the risks. The ANP method is applied to assess the relative importance of the risk factors and to determine the best strategy for implementation of a risk management program. The results presented in this study are a novel adaptation of the risk assessment methodology to OGC projects that determines the important risk factors that directly affect the project success, which in turn helps in formulation of policies for ensuring reliable energy supply planning. MDPI AG 2017 Article PeerReviewed application/pdf en http://eprints.utm.my/id/eprint/75687/1/RosliMohamadZin_DEMATEL-ANPRiskAssessmentinOil.pdf Dedasht, G. and Zin, R. M. and Ferwati, M. S. and Abdullahi, M. M. and Keyvanfar, A. and McCaffer, R. (2017) DEMATEL-ANP risk assessment in oil and gas construction projects. Sustainability (Switzerland), 9 (8). ISSN 2071-1050 https://www.scopus.com/inward/record.uri?eid=2-s2.0-85027246974&doi=10.3390%2fsu9081420&partnerID=40&md5=7d83d2a437aa27316d1f00caf0d3267f
institution Universiti Teknologi Malaysia
building UTM Library
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universiti Teknologi Malaysia
content_source UTM Institutional Repository
url_provider http://eprints.utm.my/
language English
topic TA Engineering (General). Civil engineering (General)
spellingShingle TA Engineering (General). Civil engineering (General)
Dedasht, G.
Zin, R. M.
Ferwati, M. S.
Abdullahi, M. M.
Keyvanfar, A.
McCaffer, R.
DEMATEL-ANP risk assessment in oil and gas construction projects
description Oil and gas construction projects are complex and risky because of their dynamic environment. Furthermore, rising global energy demand has increased the need for trustworthy risk assessment models for such projects that can provide adequate and precise policy planning. Traditional risk assessments in oil and gas construction projects do not consider the interrelationships of factors in the best-fit models. The Decision Making Trial and Evaluation Laboratory (DEMATEL) and Analytic Network Processes (ANP), called the DEMATEL-ANP approach, have been applied to other research disciplines to address this shortcoming. This method is able to construct a structural relationship among the different influence factors to visualize complex correlations. Thus, the purpose of this study is to showcase the DEMTAL-ANP risk assessment model to assess the overall risk factors of OGC projects. This study thus identifies the crucial risk criteria of such projects. Data were collected in 2016 through interviews with experts active in OGC projects in Iran. DEMATEL in this situation is used to determine the interdependencies' relative strengths among the risks. The ANP method is applied to assess the relative importance of the risk factors and to determine the best strategy for implementation of a risk management program. The results presented in this study are a novel adaptation of the risk assessment methodology to OGC projects that determines the important risk factors that directly affect the project success, which in turn helps in formulation of policies for ensuring reliable energy supply planning.
format Article
author Dedasht, G.
Zin, R. M.
Ferwati, M. S.
Abdullahi, M. M.
Keyvanfar, A.
McCaffer, R.
author_facet Dedasht, G.
Zin, R. M.
Ferwati, M. S.
Abdullahi, M. M.
Keyvanfar, A.
McCaffer, R.
author_sort Dedasht, G.
title DEMATEL-ANP risk assessment in oil and gas construction projects
title_short DEMATEL-ANP risk assessment in oil and gas construction projects
title_full DEMATEL-ANP risk assessment in oil and gas construction projects
title_fullStr DEMATEL-ANP risk assessment in oil and gas construction projects
title_full_unstemmed DEMATEL-ANP risk assessment in oil and gas construction projects
title_sort dematel-anp risk assessment in oil and gas construction projects
publisher MDPI AG
publishDate 2017
url http://eprints.utm.my/id/eprint/75687/1/RosliMohamadZin_DEMATEL-ANPRiskAssessmentinOil.pdf
http://eprints.utm.my/id/eprint/75687/
https://www.scopus.com/inward/record.uri?eid=2-s2.0-85027246974&doi=10.3390%2fsu9081420&partnerID=40&md5=7d83d2a437aa27316d1f00caf0d3267f
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score 13.149126