A Joint Stochastic/Deterministic Process with Multi-Objective Decision Making Risk-Assessment Framework for Sustainable Constructions Engineering Projects—A Case Study

Abstract

This study, on the one hand, develops a newfangled risk assessment and analysis (RAA) methodological approach (the MCDM-STO/DET one) for sustainable engineering projects by the amalgamation of a multicriteria decision-making (MCDM) process with the joint-collaboration of a deterministic (DET) and a stochastic (STO) process. On the other hand, proceeds to the application of MCDM-STO/DET at the workplaces of the Greek construction sector and also of the fixed-telecommunications technical projects of OTE SA (that is, the Greek Telecommunications Organization S.A.) by means of real accident data coming from two official State databases, namely of “SEPE” (Labor Inspectorate, Hellenic Ministry of Employment) and of “IKA” (Social Insurance Institution, Hellenic Ministry of Health), all the way through the period of the years2009–2016.Consequently, the article’s objectives are the following: (i) The implementation and execution of the joint MCDM-STO/DET framework, and (ii) to make known that the proposed MCDM-STO/DET algorithm can be a precious method for safety managers (and/or decision-makers) to ameliorate occupational safety and health (OSH) and to endorse the sustainable operation of technical or engineering projects as well. Mainly, we mingle two different configurations of the MCDM method, initially the Analytical Hierarchy-Process (the typical-AHP), and afterwards the Fuzzy-Extended AHP (the FEAHP) one, along with the Proportional Risk Assessment Technique (PRAT) and the analysis of Time-Series Processes (TSP), and finally with the Fault-Tree Analysis (FTA).