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Fuzzy Logic-based Risk Evaluation in a Virtual Organisation

  • Conference paper
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Enterprise Interoperability V

Part of the book series: Proceedings of the I-ESA Conferences ((IESACONF,volume 5))

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Abstract

This paper concerns risk identification and evaluation in a network based enterprise collaboration, such as virtual organisation (VO). Risk factors or sources presented in each of the four stages in a VO’s life cycle - pre-creation, creation, operation and termination, are identified. After having been perceived as risks, these risk factors need to be evaluated. Each risk is described by the probability or likelihood of failure occurrence and risk impact or consequence. Both measures are specified using imprecise linguistic terms and modelled by fuzzy sets. A fuzzy logic based algorithm for collaboration risk evaluation is proposed and analysed. A web service Collaboration Risk Evaluator (CRE), within which the algorithm is embedded, is developed to assist enterprise users to identify risk factors, provide fuzzy assessment on these risk factors, and facilitate control of the risk propagation.

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Acknowledgement

This work has been funded by the EC through the Project SYNERGY: Supporting highly adaptive network enterprise collaboration through semantically-enabled knowledge services (Grant Agreement No. 216089). The authors wish to acknowledge the Commission for their support.

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Authors and Affiliations

  1. Faculty of Engineering and Computing, Coventry University, Priory Street, Coventry, CV1 5FB, UK

    Muqi Wulan, Dobrila Petrovic & Keith Popplewell

Authors
  1. Muqi Wulan
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  2. Dobrila Petrovic
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  3. Keith Popplewell
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Corresponding author

Correspondence to Muqi Wulan .

Editor information

Editors and Affiliations

  1. , Research Centre on Production Management, Polytechnic University of Valencia, Pl. Ferrándiz Carbonell 2, Alcoy, 03801, Spain

    Raúl Poler

  2. , INTEROP-VLab, University Bordeaux 1, IMS Bât A4, cours de la liberation 351, Talence-cedex, 33405, France

    Guy Doumeingts

  3. Leiden University, Plantsoen 97, Leiden, 2311, Netherlands

    Bernhard Katzy

  4. , Dept. Lenguajes y Sistemas Informaticos, Universidad Jaume I, Av. Sos Banyos s/n, Castellon, 12071, Spain

    Ricardo Chalmeta

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© 2012 Springer-Verlag London Limited

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Wulan, M., Petrovic, D., Popplewell, K. (2012). Fuzzy Logic-based Risk Evaluation in a Virtual Organisation. In: Poler, R., Doumeingts, G., Katzy, B., Chalmeta, R. (eds) Enterprise Interoperability V. Proceedings of the I-ESA Conferences, vol 5. Springer, London. https://doi.org/10.1007/978-1-4471-2819-9_28

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  • DOI: https://doi.org/10.1007/978-1-4471-2819-9_28

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  • Publisher Name: Springer, London

  • Print ISBN: 978-1-4471-2818-2

  • Online ISBN: 978-1-4471-2819-9

  • eBook Packages: EngineeringEngineering (R0)

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