INTUITIONISTIC FUZZY SETS AS PROJECT RISK ASSESMENT TOOL
Journal Title: Scientific Journal of the Military University of Land Forces - Year 2014, Vol 172, Issue 2
Abstract
The paper contains the concept of using intuitionistic fuzzy sets to assess project risk. Intuitionistic fuzzy sets are defined as the generalization of fuzzy sets. Intuitionistic fuzzy set A = { <x, μA(x), νA(x)> : x∈X }, where μA(x) and νA(x) denote the degree of membership and the degree of non–membership of x, respectively. Project risk is considered here as a possible event with negative consequences for the project. In the proposed concept two basic risk attributes, namely the probability of risk and its consequences, may be expressed numerically or in words. Their values are generated by using μA(x) and νA(x). The proposal has been verified on the basis of agricultural projects. The paper presents the main strengths and weaknesses of using proposed tool.
Authors and Affiliations
Dorota KUCHTA, Ewa PTASZYŃSKA
Keywords
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