[Retracted] Aspiration of Public-Private Partnership Projects’ Risk Management Supported on Probabilistic Linguistic Terms amid Weakened Hedges

Table 1

Three basic components of risk management.

Groups symbol	Functions	Failure modes
Risk identification	Identify the known/ unknown risk factors	Unrecognized critical risk factors	FM1
Risk evaluation	Assess the probability and the severity degree of risk	Improper assessments of risks probabilities	FM2
		Negative results of improper evaluation	FM3
Risk allocation	Allocate risk factors with effective, reasonable, and impartial	Unreasonable risk allocation among partners	FM4
		Unreasonable risk allocation of negative	FM5
		results