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• W2187079438 abstract "During the lifecycle of construction projects, especially in the planning phase, the participants are confronted with enormous Risk Based Decision Making problems, which are usually addressed through identifying, analyzing and responding to potential risks, and ultimately optimizing solutions. The fact that human resource is the most important critical success factor in RBDM is a widespread agreement. Therefore, as decision maker’s risk attitudes would influence their behavior, factors affecting the risk attitudes can help predicting their behavior and make various risk attitudes well understood. In this regard, understanding and managing these attitudes through study and reduction of their impact can significantly increase the effectiveness of risk management. Meeting all the goals of this research is not simply possible by using a quantitative technique therefore, a method is presented for evaluating and ranking factors by combination of “focus group interview” as a qualitative method and “decision making in conditions of uncertainty” as a quantitative method which is one of the modern techniques in decision making and mathematical evaluation of vague data. In this paper, it has been trying to define the critical factors which can affect the decision maker’s risk attitudes in multinational construction projects in Iran and prioritize them based on their weights according to the research methodology. In this research, “completeness of project information” and “engineering experience” clarified as the two most important factors. Therefore, increasing project information through R&D units and recruiting people with a high professional work experience would decrease the effect of these two factors on deviation of risk based decisions." @default.
• W2187079438 created "2016-06-24" @default.
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• W2187079438 date "2012-01-01" @default.
• W2187079438 modified "2023-09-26" @default.
• W2187079438 title "Identifying Significant Factors Affecting Decision Maker's Risk Attitudes in Multinational Construction Projects in Iran" @default.
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