Software solution in the function of vulnerability assessment of projects in uncertain environments

Abstract

In this paper, following the recommendations from the literature, a project management software was developed which is based on a model of project vulnerability assessment methodology that integrates exposure, sensitivity and static adaptive capacity in conditions of uncertainty. Based on the calculated value of vulnerability, project managers can take appropriate actions that can lead to a reduction of vulnerabilities, which at the same time increases the effectiveness of project management as a whole. By applying the proposed fuzzy method, vulnerability of each phase of technical and technological projects at the consortium level due to the action of each group of risk factors can be calculated, respecting multi criterias and their values. The proposed model and software solution was tested and verified on a group of six small and medium enterprises that make up a consortium in which one joint technical-technological project has been implemented.