Application Of Integrated FTA And 5x5 Matrix for the Comprehensive Risk Evaluation of a Project-Based Enterprise

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dc.contributor.authorDerse, Onur
dc.contributor.authorPolat, Elifcan Göçmen
dc.date.accessioned2025-03-16T12:43:12Z
dc.date.available2025-03-16T12:43:12Z
dc.date.issued2021
dc.departmentTarsus Üniversitesi
dc.description.abstractRisk management play an important role on preventing failures of any enterprise as it ensures an effective planning and control. Not managing such failures including political, geographical, project, environmental, monetary, human, supply chain risks of the enterprises cause irreparable results. Therefore, there is a need for a comprehensive risk assessment approach regarding qualitative and quantitative risk factors. This paper tackles this need and Fishbone Diagram (FD) as a qualitative method and integrated 5x5 Matrix and Fault Tree Analysis (FTA) methods are used as quantitative methods. The root causes of the risks are examined by taking a project-based enterprise into consideration and evaluated by applying an integrated risk analysis method. Taking into account the risk analysis results obtained, measures are recommended. An improvement of approximately 24% has been achieved as a result of the application of measures. The efficiency of the proposed methods is illustrated in the real world data of a project-based pipeline manufacturing system and the obtained results demonstrate that practitioners and researchers can easily use these methods to prevent the risks.
dc.description.abstractRisk management play an important role on preventing failures of any enterprise as it ensures an effective planning and control. Not managing such failures including political, geographical, project, environmental, monetary, human, supply chain risks of the enterprises cause irreparable results. Therefore, there is a need for a comprehensive risk assessment approach regarding qualitative and quantitative risk factors. This paper tackles this need and Fishbone Diagram (FD) as a qualitative method and integrated 5x5 Matrix and Fault Tree Analysis (FTA) methods are used as quantitative methods. The root causes of the risks are examined by taking a project-based enterprise into consideration and evaluated by applying an integrated risk analysis method. Taking into account the risk analysis results obtained, measures are recommended. An improvement of approximately 24% has been achieved as a result of the application of measures. The efficiency of the proposed methods is illustrated in the real world data of a project-based pipeline manufacturing system and the obtained results demonstrate that practitioners and researchers can easily use these methods to prevent the risks.
dc.identifier.doi10.46578/humder.989695
dc.identifier.endpage197
dc.identifier.issn2528-8733
dc.identifier.issue3
dc.identifier.startpage183
dc.identifier.urihttps://doi.org/10.46578/humder.989695
dc.identifier.urihttps://hdl.handle.net/20.500.13099/607
dc.identifier.volume6
dc.language.isoen
dc.publisherHarran Üniversitesi
dc.relation.ispartofHarran Üniversitesi Mühendislik Dergisi
dc.relation.publicationcategoryMakale - Ulusal Hakemli Dergi - Kurum Öğretim Elemanı
dc.rightsinfo:eu-repo/semantics/openAccess
dc.snmzKA_DergiPark_20250316
dc.subjectRisk Analysis
dc.subjectFault Tree Analysis
dc.subject5x5 Matrix
dc.subjectFishbone Diagram
dc.subjectRisk Analysis
dc.subjectFault Tree Analysis
dc.subject5x5 Matrix
dc.subjectFishbone Diagram
dc.titleApplication Of Integrated FTA And 5x5 Matrix for the Comprehensive Risk Evaluation of a Project-Based Enterprise
dc.typeArticle

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