DocumentCode :
1848414
Title :
The study on the risk evaluation in international contract project
Author :
Huanwu, Yin ; Yueling, Gong
Author_Institution :
Sch. of Econ. & Manage., Univ. of Sci. & Technol. Beijing, Beijing, China
Volume :
2
fYear :
2011
fDate :
13-15 May 2011
Firstpage :
380
Lastpage :
384
Abstract :
From the perspective of China´s engineering contractors, it studied systematically the main risk factors of international projects based on the analysis of its characteristics. First, in risk identification, the article describes the technology and tools for risk identification. In a systematic study of the extensive literature, it established a fairly complete risk identification Index system by using these tools, which provide a premise for risk analysis. In risk analysis, it selected risk index system scientifically combined qualitative analysis and quantitative analysis, and used fuzzy comprehensive evaluation. It determined the weight of each index by the improved analytic hierarchy process, and provides results for risk management by fuzzy comprehensive evaluation. In risk response, the article introduced measures from risk avoidance, risk control, risk transfer, risk retention, risk monitoring and so on. Finally, it provided empirical examination by an example of specific projects.
Keywords :
contracts; decision making; fuzzy set theory; international trade; project management; risk analysis; China engineering contractor; analytic hierarchy process; fuzzy comprehensive evaluation; international contract project; qualitative analysis; quantitative analysis; risk analysis; risk evaluation; risk identification index system; Bridges; Contracts; Economics; Indexes; Risk management; fuzzy comprehensive evaluation; international contract project; risk management;
fLanguage :
English
Publisher :
ieee
Conference_Titel :
Business Management and Electronic Information (BMEI), 2011 International Conference on
Conference_Location :
Guangzhou
Print_ISBN :
978-1-61284-108-3
Type :
conf
DOI :
10.1109/ICBMEI.2011.5917927
Filename :
5917927
Link To Document :
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