A Generic Conceptual Model for Risk Analysis in a Multi-agent Based Collaborative Design Environment

This paper presents a generic conceptual model of risk evaluation in order to manage the risk throughrelated constraints and variables under a multi-agent collaborative design environment. Initially, a hierarchyconstraint network is developed to mapping constraints and variables. Then, an effective approximationtechnique named Risk Assessment Matrix is adopted to evaluate risk level and rank priority after probabilityquantification and consequence validation. Additionally, an Intelligent Data based Reasoning Methodologyis expanded to deal with risk mitigation by combining inductive learning methods and reasoningconsistency algorithms with feasible solution strategies. Finally, two empirical studies were conducted tovalidate the effectiveness and feasibility of the conceptual model.