Fuzzy Multicriteria analysis for evaluation of risks in complex engineering projects in the Aeronautical industry

Abstract

This paper presents an application, in the aeronautical industry, of a risk management methodology based on Fuzzy Multicriteria analysis (FMA). The proposed methodology analyses external and internal risks factors, formulating indicators that can be evaluated in some levels of the decision-making process (operational, tactical and strategic). The results show a way to obtain a more holistic vision of the risk in projects, assisting managers in the coordination of all possible risk factors that can affect the final result. Moreover, the results also demonstrate great chances of profits in cost, because of the faster analysis and the possibility to use in preliminary phases of the project.