A knowledge-based system for identifying potential project risks

A knowledge-based system for identifying potential project risks

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Article ID: iaor2001196
Country: United Kingdom
Volume: 26
Issue: 5
Start Page Number: 623
End Page Number: 638
Publication Date: Oct 1998
Journal: OMEGA
Authors: , ,
Keywords: project management, artificial intelligence: expert systems
Abstract:

This paper presents an integrated knowledge-based system (KBS) that assists project managers in identifying potential risk factors and the corresponding project risks. The knowledge acquired from previous experience is captured by the proposed project risk identification model which incorporates the work breakdown structure. The knowledge is then translated into rules for the KBS. A prototype was developed based on the proposed KBS to determine potential risk factors along with their risk effects and the related work packages for an extra high-voltage transmission line construction project. The results obtained clearly demonstrate the feasibility and the applicability of this system in a real engineering project environment.

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