Title
An integrated approach based on business process modeling and fuzzy logic for risk identification and evaluation in production processes
Abstract
In this paper we present a methodology for risk identification and evaluation in production processes. Our goal is twofold: on the one hand, we aim to allow risk analysis in a context that is clearly and formally described so as to help identify risks in a structured manner, on the other hand, we want to provide better tolerance and control of the ambiguity and vagueness that are often involved in subjective risk evaluation. To meet the first goal we adopt two different standard graphic notations, namely, the Business Process Model and Notation BPMN and the Fuzzy Cognitive Maps FCMs, to represent, respectively, the production process flow, and the cause-effect relationships between risks and their causes. In particular, this allows us to represent the whole set of risks related to a given production process as a graph whose nodes identify risks/causes and directed edges stand for a cause-effect relation between a risk and one of its causes. This graph helps the risk analyst better understand how risks can influence each other and, consequently, make more effective decisions. Finally, we explicitly associate each risk with the part/activity of the production process in which that risk might be generated, thus making risk management easier. To meet the second goal we resort to fuzzy systems. Particularly, we make use of two fuzzy systems: the first fuzzy system computes the risk impact as a function of time impact, cost impact and performance impact; the second fuzzy system infers the risk priority index from risk impact and risk probability. The application of the proposed methodology to an example of production process is also shown and discussed.
Year
DOI
Venue
2013
10.3233/IDT-130155
Intelligent Decision Technologies
Keywords
Field
DocType
risk identification,integrated approach,production process,risk management,fuzzy system,risk impact,subjective risk evaluation,business process modeling,risk priority index,risk analyst,risk probability,fuzzy logic,risk analysis,fuzzy cognitive maps,fuzzy systems
Computer science,Risk management tools,Real-time computing,Risk analysis (engineering),Risk management,Artificial intelligence,Business process modeling,Fuzzy control system,Risk analysis (business),Fuzzy cognitive map,Fuzzy logic,Business Process Model and Notation,Machine learning
Journal
Volume
Issue
ISSN
7
2
1872-4981
Citations 
PageRank 
References 
0
0.34
6
Authors
5
Name
Order
Citations
PageRank
Elena Bernasconi100.34
Franco Filippi200.34
Beatrice Lazzerini371545.56
Benedetta Niccolini400.34
Gianluca Petronella500.34