User:Dandagerahul

Dandage, R., Mantha, S. and Rane, S. (2018), "Ranking the risk categories in international projects using the TOPSIS method", International Journal of Managing Projects in Business, Vol. 11 No. 2, pp. 317-331. https://doi.org/10.1108/IJMPB-06-2017-0070

https://www.emerald.com/insight/content/doi/10.1108/IJMPB-06-2017-0070/full/html

The purpose of this paper is to review the risk categories which are predominant in international projects and to rank them according to their effect on project success.

A literature survey of peer-reviewed journal articles, survey reports and books on project management is used as the research methodology. One among the various multi-criteria decision making methods named as Technique for Order Preference by Similarity to the Ideal Solution (TOPSIS) has been used to rank the risk categories according to their importance. The data for TOPSIS were collected through questionnaire as the research instrument.

The findings derived from evaluation of the publications led to the identification of eight different types of risk categories associated with international projects. The TOPSIS method resulted into political risks, technical risks and design-related risks as the top three risk categories in international projects. Contractual and legal risks and fraudulent practices-related risks are relatively low-ranked risk category.