Implementation of Failure Mode Effect Analysis and Multi-Criteria Analysis in Construction Project

Construction projects often encounter various risks that can affect their timelines, costs, and overall quality. This study presents a systematic method that combines Failure Mode and Effect Analysis (FMEA) with Multi-Criteria Analysis (MCA) to enhance risk management practices in the construction industry. FMEA is employed to identify and prioritize the most significant risks by analyzing their severity, probability, and detectability, while MCA evaluates different criteria to identify and choose the most effective risk mitigation strategies. By integrating these methodologies, the framework facilitates accurate identification of critical risks and a comprehensive evaluation of mitigation strategies, leading to improved decision-making and better project results. This combined approach underscores the necessity of aligning risk prioritization with solution evaluations, thus fostering strong and strategic risk management within the construction sector.