A contribution of the ELECTRE TRI method to the classification of industrial risk

A contribution of the ELECTRE TRI method to the classification of industrial risk

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Article ID: iaor200950412
Country: Brazil
Volume: 27
Issue: 2
Start Page Number: 179
End Page Number: 197
Publication Date: Dec 2007
Journal: Investigao Operacional
Authors: , ,
Keywords: decision theory: multiple criteria
Abstract:

Risk classification is a relevant problem in industrial context. The complexity of this problem is magnified when statistical databases are not accessible. This work proposes an original approach to classify industrial risks, which is based on integration between a Risk Management tool (Risk Classification Matrix) and a Multiple Criteria Decision Aid method (ELECTRE TRI). In addition, this work presents a sample application of the proposed methodology. The results highlight the viability of the proposal, especially in situations where historical operational data are not accessible.

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