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Risk assessment for highway projects using jackknife technique
Expert Systems with Applications 38 (2011) 5514–5524Contents lists available at ScienceDirect
Expert Systems with Applications
journal homepage: www.elsevier .com/locate /eswaRisk assessment for highway projects using jackknife technique
S.M. Mousavi a, R. Tavakkoli-Moghaddam a,?, A. Azaron b,c,?, S.M.H. Mojtahedi d, H. Hashemi e
aDepartment of Industrial Engineering, College of Engineering, University of Tehran, Tehran, Iran
bMichael Smurfit Graduate School of Business, University College Dublin, Blackrock, Co. Dublin, Ireland
cDepartment of Financial Engineering and Engineering Management, School of Science and Engineering, Reykjavik University, Reykjavik, Iceland
d School of Industrial Engineering, Islamic Azad University - South Tehran Branch, Tehran, Iran
eDepartment of Civil Engineering, Faculty of Engineering, Zanjan University, Zanjan, Iran
a r t i c l e i n f o a b s t r a c tKeywords:
Highway projects
Risk assessment
Non-parametric resampling technique
Jackknife0957-4174/$ - see front matter 2010 Elsevier Ltd. A
doi:10.1016/j.eswa.2010.10.085
? Corresponding authors.
E-mail addresses: tavakoli@ut.ac.ir (R. Tavakkoli
ucd.ie (A. Azaron).Risk assessment in highway projects has been investigated extensively; however, it is still comparatively
neglected for this process with a non-parametric jackknife technique. Highway projects’ data and experts’
remarks in developing countries are small and limited; moreover, statistical distributions of parameters
which play significant role in the projects are usually unknown. Therefore, common approaches cannot
assist such kind of problems remarkably. To mitigate the foregoing issues in highway projects, the non-
parametric jackknife resampling technique is applied in this paper. Risks are first ranked with a common
technique, and then those risks will be ranked with the jackknife technique. The final rankings are con-
ducive to some rewarding results, such as reduction of standard deviation and normality of data. Furthe
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