Hailu Worku

Department of Architecture, Ethiopian Institute of Architecture, Building Construction and City Development, Addis Ababa University, Addis Ababa, Ethiopia, Ethiopia

Publications

Review Article
Fuzzy DEMATEL and Fuzzy Binary Logistic Regression with Simulated Annealing Optimization for Risk Analysis and Mitigation in Industrial Projects in East Africa
Author(s): Hailu Worku*

Risk analysis and mitigation is a crucial step in the management of industrial projects, especially in developing regions such as East Africa, where the challenges and opportunities are more diverse and dynamic. This paper proposes a novel approach for risk analysis and mitigation in industrial projects in East Africa using fuzzy DEMATEL (Decision Making Trial and Evaluation Laboratory) and fuzzy binary logistic regression with simulated annealing optimization. The paper identifies six categories of risk factors for industrial projects based on literature review and expert opinions: Production and technical risks, market and customer risks, financial and economic risks, legal and regulatory risks, environmental and social risks, and human and organizational risks. The paper applies fuzzy DEMATEL method to evaluate the relative importance and influence of each risk factor on each categ.. Read More»

Abstract PDF