Year: 2025
Type: article
Abstract: In this study, a new risk scoring method, the Cartesian product method, is proposed. While existing risk scoring methods accept a single value for probability and severity parameters, the proposed method accepts a range for both probability and severity parameters for the risk related to the identified hazard source. The importance of the Cartesian product method is demonstrated by a real application study and compared with matrix and Fine-Kinney methods. Furthermore, a cloud software called CPMRisk is designed for easy understanding and application of the method.
Authors: Nüsüret Efendioğlu, Sebahattin Korkmaz
Language: English
Topic: Risk and Safety Analysis
Subfield: Statistics, Probability and Uncertainty
Field: Decision Sciences
Domain: Social Sciences
Open Access status: diamond
OpenAlex ID: W4414631989