Fuzzy-multiple Approach in Choosing the Optimal Term for Implementing the Innovative Project

Abstract

A paper is devoted to the management of innovative projects based on the theory of fuzzy sets. To analyze project risks based on the terms of their implementation - acceleration, according to the plan and with the delay, authors proposed to employ both the asymmetry coefficient and the coefficient of asymmetry variation which are characterizing the asymmetric distribution of costs due to changes in the time interval of project implementation. On the basis of those coefficients above the fuzzy model was designed taking into account the duration of project implementation and the risks associated with the emergence of additional costs. Values of both coefficients are assigned in such way to meet the low, medium and high level of their performance. Fuzzy rules for assessing the feasibility of implementing the innovative project are developed. It’s experimentally proofed the proposed fuzzy model gives a result that enables to get the optimal implementation period of the innovative project.