Support vector machines in projects risk classification

International Journal of Development Research

Volume: 
08
Article ID: 
14450
6 pages
Research Article

Support vector machines in projects risk classification

Domingos M. R. Napolitano, Marcio Romero and Renato José Sassi

Abstract: 

Projects are fundamental to organizations, but they are subject to the occurrence of risks, which can affect their success. Therefore, project managers seek to manage risks by demanding decisions about their treatment. A widely used tool in this process is the Probability and Impact Matrix (PIM) that is popular, but deficient. This paper aimed to answer the question "How to classify risks in projects using Support Vector Machines (SVM)?". To answer this question, SVMs were applied to process risks, previously classified using an PIM. The results show that the SVM application returns more accurate results than the PIMs.

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