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
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