Search results

1 – 10 of 36
Article
Publication date: 17 January 2020

Yanfeng Chu and Zhongren Wang

There are a large number of interdependent risk factors in complex project. Risk response strategy without considering risk correlation cannot achieve good risk response…

Abstract

Purpose

There are a large number of interdependent risk factors in complex project. Risk response strategy without considering risk correlation cannot achieve good risk response. Therefore, the purpose of this paper is to propose a risk response strategy selection model considering risk correlation based on the grey K-shell algorithm.

Design/methodology/approach

This paper mainly focuses on the measurement of two aspects of risk factors. One is the ability of the risk factors to influence other risk factors, another is the degree affected by other risk factors. Both of the above are measured by the grey K-shell algorithm improved in this paper, and the weights of these are used for the constructing of risk response strategy selection model.

Findings

The risk response strategy considering risk relevance is more effective than the risk response strategy without considering risk relevance. Also, results indicate that as the risk response budget increases the risk response effect also increases, and the increasing trend is weakens. The relative gap between the effect of response strategies considering risk relevance and the strategy without considering risk relevance increases first and, then, decreases with the increase of budget.

Originality/value

The results of this paper demonstrate that the risk response strategy considering risk relevance is more effective than not considering risk relevance. The approach presented in this paper can guide project managers’ risk decisions and may also help to find the best risk response budget.

Details

Grey Systems: Theory and Application, vol. 10 no. 4
Type: Research Article
ISSN: 2043-9377

Keywords

Article
Publication date: 22 July 2019

Kushal Kanwar, Sakshi Kaushal and Harish Kumar

In today’s digital era, data pertaining to scientific research have attracted considerable attention of researchers. Data of scientific publications can be modeled in the form of…

Abstract

Purpose

In today’s digital era, data pertaining to scientific research have attracted considerable attention of researchers. Data of scientific publications can be modeled in the form of networks such as citation networks, co-citation networks, collaboration networks, and others. Identification and ranking of important nodes in such networks is useful in many applications, such as finding most influential papers, most productive researchers, pattern of citation, and many more. The paper aims to discuss this issue.

Design/methodology/approach

A number of methods are available in literature for node ranking, and K-shell decomposition is one such method. This method categorizes nodes in different groups based on their topological position. The shell number of a node provides useful insights about the node’s importance in the network. It has been found that shells produced by the K-shell method need to be further refined to quantify the influence of the nodes aptly. In this work, a method has been developed, which ranks nodes by taking the core(s) as the origin and second-order neighborhood of a node as its immediate sphere of influence.

Findings

It is found that the performance of the proposed technique is either comparable or better than other methods in terms of correctness and accuracy. In case of assigning different ranks to nodes, the performance of the proposed technique is far more superior to existing methods. The proposed method can be used to rank authors, research articles, and fields of research.

Originality/value

The proposed method ranks nodes by their global position in a network as well as their local sphere of information. It leads to better quantification of a node’s impact. This method is found to be better in terms of accuracy and correctness. In case of assigning different ranks to nodes, the performance of the proposed technique is far more superior to existing methods.

Details

Library Hi Tech, vol. 40 no. 1
Type: Research Article
ISSN: 0737-8831

Keywords

Article
Publication date: 3 October 2018

Hong-liang Sun, Eugene Ch’ng and Simon See

The purpose of this paper is to investigate political influential spreaders in Twitter at the juncture before and after the Malaysian General Election in 2013 (MGE2013) for the…

Abstract

Purpose

The purpose of this paper is to investigate political influential spreaders in Twitter at the juncture before and after the Malaysian General Election in 2013 (MGE2013) for the purpose of understanding if the political sphere within Twitter reflects the intentions, popularity and influence of political figures in the year in which Malaysia has its first “social media election.”

Design/methodology/approach

A Big Data approach was used for acquiring a series of longitudinal data sets during the election period. The work differs from existing methods focusing on the general statistics of the number of followers, supporters, sentiment analysis, etc. A retweeting network has been extracted from tweets and retweets and has been mapped to a novel information flow and propagation network we developed. The authors conducted quantitative studies using k-shell decomposition, which enables the construction of a quantitative Twitter political propagation sphere where members posited at the core areas are more influential than those in the outer circles and periphery.

Findings

The authors conducted a comparative study of the influential members of Twitter political propagation sphere on the election day and the day after. The authors found that representatives of political parties which are located at the center of the propagation network are winners of the presidential election. This may indicate that influential power within Twitter is positively related to the final election results, at least in MGE2013. Furthermore, a number of non-politicians located at the center of the propagation network also significantly influenced the election.

Research limitations/implications

This research is based on a large electoral campaign in a specific election period, and within a predefined nation. While the result is significant and meaningful, more case studies are needed for generalized application for identifying potential winning candidates in future social-media fueled political elections.

Practical implications

The authors presented a simple yet effective model for identifying influential spreaders in the Twitter political sphere. The application of the authors’ approach yielded the conclusion that online “coreness” score has significant influence to the final offline electoral results. This presents great opportunities for applying the novel methodology in the upcoming Malaysian General Election in 2018. The discovery presented here can be used for understanding how different players of political parties engage themselves in the election game in Twitter. The approach can also be adopted as a factor of influence for offline electoral activities. The conception of a quantitative approach in electoral results greatly influenced by social media means that comparative studies could be made in future elections.

Originality/value

Existing works related to general elections of various nations have either bypassed or ignored the subtle links between online and offline influential propagations. The modeling of influence from social media using a longitudinal and multilayered approach is also rarely studied. This simple yet effective method provides a new perspective of practice for understanding how different players behave and mutually shape each other over time in the election game.

Details

Industrial Management & Data Systems, vol. 119 no. 1
Type: Research Article
ISSN: 0263-5577

Keywords

Content available
Book part
Publication date: 30 June 2000

Abstract

Details

The Theory of Monetary Aggregation
Type: Book
ISBN: 978-0-44450-119-6

Content available
Book part
Publication date: 2 July 2004

Abstract

Details

Functional Structure and Approximation in Econometrics
Type: Book
ISBN: 978-0-44450-861-4

Abstract

Details

Library Hi Tech, vol. 38 no. 2
Type: Research Article
ISSN: 0737-8831

Article
Publication date: 22 August 2008

C.A. Smith

The aim is to focus on the application of X‐rays in the failure analysis of electronic devices and systems, with an emphasis on X‐ray radiography and X‐ray spectroscopy.

Abstract

Purpose

The aim is to focus on the application of X‐rays in the failure analysis of electronic devices and systems, with an emphasis on X‐ray radiography and X‐ray spectroscopy.

Design/methodology/approach

The theory behind X‐ray radiography and X‐ray spectroscopy is reviewed, and relevant case studies are used to illustrate the application of these techniques in the failure analysis of electronic devices and systems.

Findings

Examples from recent case studies are given.

Originality/value

The paper provides an introduction to X‐ray methods for engineers working on the failure analysis of electronic devices and systems who may be unfamiliar with these techniques.

Details

Circuit World, vol. 34 no. 3
Type: Research Article
ISSN: 0305-6120

Keywords

Article
Publication date: 29 January 2024

Libiao Bai, Xiaoyan Xie, Yichen Sun, Xue Qu and Xiao Han

Assessing project criticality in a project portfolio (PP) is of great practical significance to improve robustness from damage. While project criticality assessment has increased…

Abstract

Purpose

Assessing project criticality in a project portfolio (PP) is of great practical significance to improve robustness from damage. While project criticality assessment has increased diversity in approaches, the understanding of vulnerable project impacts is still limited. To promote a better understanding of assessing project criticality, a vulnerability measurement model is constructed.

Design/methodology/approach

First, integrating the tasks, projects and corresponding relationships among them, a project portfolio network (PPN) is constructed. Second, the project's vulnerability is measured by combining the topological structure and functional attributes. Third, project criticality is assessed by the vulnerability measurement results. Lastly, the proposed model is applied in a numerical example to illustrate its suitability and effectiveness.

Findings

For academia, this study provides a novel perspective on project vulnerability measurement and expands project criticality assessment tools. For practitioners, the straightforward model provides an effective tool for assessing project criticality and contributes to enhancing project portfolio management (PPM).

Originality/value

The impact of the task on the project is considered in this study. Topological structure and functional attributes are also integrated for measuring project vulnerability due to the impact of random attacks in an uncertain environment, providing a new perspective on the requirements of project criticality assessment and the measurement of project vulnerability.

Details

Engineering, Construction and Architectural Management, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 0969-9988

Keywords

Article
Publication date: 3 December 2021

Tooraj Karimi and Yalda Yahyazade

Risk management is one of the most influential parts of project management that has a major impact on the success or failure of projects. Due to the increasing use of information…

Abstract

Purpose

Risk management is one of the most influential parts of project management that has a major impact on the success or failure of projects. Due to the increasing use of information technology in all fields and the high failure rate of software development projects, it is essential to predict the risk level of each project effectively before starting. Therefore, the main purpose of this paper is proposing an expert system to infer about the risk of new banking software development project.

Design/methodology/approach

In this research, the risk of software developing projects is considered from four dimensions including risk of cost deviation, time deviation, quality deviation and scope deviation, which is examined by rough set theory (RST). The most important variables affecting the cost, time, quality and scope of projects are identified as condition attributes and four initial decision systems are constructed. Grey system theory is used to cluster the condition attributes and after data discretizing, eight rule models for each dimension of risk as a decision attribute are extracted using RST. The most validated model for each decision attribute is selected as an inference engine of the expert system, and finally a simple user interface is designed in order to predict the risk level of any new project by inserting the data of project attributes

Findings

In this paper, a high accuracy expert system is designed based on the combination of the grey clustering method and rough set modeling to predict the risks of each project before starting. Cross-validation of different rule models shows that the best model for determining cost deviation is Manual/Jonson/ORR model, and the most validated models for predicting the risk of time, quality and scope of projects are Entropy/Genetic/ORR, Manual/Genetic/FOR and Entropy/Genetic/ORR models; all of which are more than 90% accurate

Research limitations/implications

It is essential to gather data of previous cases to design a validated expert system. Since data documentation in the field of software development projects is not complete enough, grey set theory (GST) and RST are combined to improve the validity of the rule model. The proposed expert system can be used for risk assessment of new banking software projects

Originality/value

The risk assessment of software developing projects based on RST is a new approach in the field of risk management. Furthermore, using the grey clustering for combining the condition attributes is a novel solution for improving the accuracy of the rule models.

Details

Grey Systems: Theory and Application, vol. 12 no. 3
Type: Research Article
ISSN: 2043-9377

Keywords

Article
Publication date: 20 July 2022

Jiakun Wang and Yun Li

Under the new media environment, while enjoying the convenience brought by the propagation of public opinion information (referred to as public opinion), learning the evolution…

Abstract

Purpose

Under the new media environment, while enjoying the convenience brought by the propagation of public opinion information (referred to as public opinion), learning the evolution process of public opinion and strengthening the governance of the spreading of public opinion are of great significance to promoting economic development and maintaining social stability as well as effectively resisting the negative impact of its propagation.

Design/methodology/approach

Thinking about the results of empirical research and bibliometric analysis, this paper focused on introducing key factors such as information content, social strengthening effects, etc., from both internal and external levels, dynamically designed public opinion spreading rules and netizens' state transition probability. Subsequently, simulation experiments were conducted to discuss the spreading law of public opinion in two types of online social networks and to identify the key factors which influencing its evolution process. Based on the experimental results, the governance strategies for the propagation of negative public opinion were proposed finally.

Findings

The results show that compared with other factors, the propagation of public opinion depends more on the attributes of the information content itself. For the propagation of negative public opinion, on the one hand, the regulators should adopt flexible guidance strategy to establish a public opinion supervision mechanism and autonomous system with universal participation. On the other hand, they still need to adopt rigid governance strategy, focusing on the governance timing and netizens with higher network status to forestall the wide-diffusion of public opinion.

Practical implications

The research conclusions put forward the enlightenment for the governance of public opinion in management practice, and also provided decision-making reference for the regulators to reasonably respond to the propagation of public opinion.

Originality/value

Our research proposed a research framework for the discussion of public opinion propagation process and had important practical guiding significance for the governance of public opinion propagation.

Details

Aslib Journal of Information Management, vol. 75 no. 2
Type: Research Article
ISSN: 2050-3806

Keywords

1 – 10 of 36