Construction risk assessment by linguistics

The authors introduce the concept of construction project analysis by fuzzy set theory and provide a methodology for risk assessment by linguistics. It is shown that the use of fuzzy sets will allow an analyst to communicate degrees of risk of individual project elements to people in readily understood language terms. Once these individual risk elements are communicated, fuzzy set theory would then permit an evaluation of the overall risk of a construction project. An illustrative example is presented.< <ETX xmlns:mml="http://www.w3.org/1998/Math/MathML" xmlns:xlink="http://www.w3.org/1999/xlink">></ETX>