Risk Evaluation of PPP Project Based on Matter-Element Analysis

Author

Li, Juanfang ; Liu, Xing

Author_Institution

Sch. of Civil Eng., Wuhan Univ., Wuhan, China

fYear

2011

fDate

12-14 Aug. 2011

Firstpage

1

Lastpage

4

Abstract

The risk evaluation of PPP project is researched by matter-element theory. Considering each risk factor of PPP project, the risk evaluation index system of PPP project is established. Based on the definition of evaluation grade, it determines the evaluation district matter-element matrix, traditional matter-element matrix, computes the weight of evaluation index and synthesized relating subordinateness. Finally, the risk factor degree of PPP project is obtained and an example accounting for the application of the model is provided. It is concluded that this method has conceptual clarity and simple calculation, it can assess the degree of risk factors and be able to provide with higher precision.

Keywords

investment; organisational aspects; risk management; PPP project; evaluation district matter-element matrix; matter-element analysis; matter-element theory; public private partnerships; risk evaluation index system; risk factor; synthesized relating subordinateness; traditional matter-element matrix; Analytical models; Correlation; Economics; Indexes; Investments; Mathematical model; Rails;

fLanguage

English

Publisher

ieee

Conference_Titel

Management and Service Science (MASS), 2011 International Conference on

Conference_Location

Wuhan

Print_ISBN

978-1-4244-6579-8

Type

conf

DOI

10.1109/ICMSS.2011.5998382

Filename

5998382