Fuzzy decision support system for risk analysis in e-commerce development

  • Authors:
  • E. W. T. Ngai;F. K. T. Wat

  • Affiliations:
  • Department of Management and Marketing, The Hong Kong Polytechnic University, Kowloon, Hong Kong, People's Republic of China;Department of Management and Marketing, The Hong Kong Polytechnic University, Kowloon, Hong Kong, People's Republic of China

  • Venue:
  • Decision Support Systems
  • Year:
  • 2005

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Abstract

This paper describes the development of a fuzzy decision support system (FDSS) for the assessment of risk in e-commerce (EC) development. A Web-based prototype FDSS is designed and developed to assist EC project managers in identifying potential EC risk factors and the corresponding project risks. A risk analysis model for EC development using a fuzzy set approach is proposed and incorporated into the FDSS. The results of an evaluation indicate that the prototype performs to expectations.