فهرست نشریات علمی دسترسی آزاد ایران

Identification and designing appropriate risk response actions for secondary risks alongside primary risk management are gaining increasing attention from project managers. Considering the limited number of research on secondary risks, the main purpose of this article is to investigate the consequences of ignoring or considering secondary risks when selecting the optimum risk response actions for primary risks within a wellhead project in Iran. The main contribution of the present study is to identify the primary and secondary risks and their relations with the project main activities to provide the optimal set of response actions considering the secondary risks in small scale wellhead project in the oil and gas industry in Iran. Cost minimization models through integer linear programming optimization were solved considering the secondary risks in selecting risk responses. The results indicate that considering the secondary risks can affect the selection of optimal risk response actions. Although considering secondary risks could increase the total cost of risks by 6,342 dollars, however, neglecting the secondary risks could result in selecting responses that cause more costs around 26,408 dollars. The present study might help project managers to manage their small-scale project risks better and avoid further losses.