Providing a Model For Assessing Risk Management Of Construction Projects With A Sustainable Development Approach: Case Studies Of Small-Scale Power Plants

Abstract

Economic growth in developing countries requires the implementation of infrastructural projects such as power plants, the sustainability of which plays an important role in the social, economic,andenvironmental development. Despite, these projects are always associated with uncertainties and risks due to features such as uniqueness, unspecified time, the need for specific equipment, correlation between differentphases and so on.Therefore, in the present study, a small-scale power plants in Mazandaranwas subjected toa case study by which the project risks were properly studied. By interviewing the expertsassociated with the construction of the power plant, 34 risks were identified and subsequentlycategorizedintofour categoriesofenvironmental, economic, social,and technical.Then, using the failure factor analysis method,their effectswere evaluated,and critical risks were identified.In the next step, Fuzzy TOPSIS hierarchicalanalysis method was used to prioritize critical risks according to the project objectives in accordance with the PMBOK project management standard.After prioritizing the critical risks, in accordance with the real conditions of these projects, suggestions were made torespond and face the critical risks.

Keywords

• project management
• sustainable risk management
• infrastructure projects
• fuzzy logic