Risk evaluation of EPC project based on ANP fuzzy comprehensive evaluation

Author

Yang, Hui-Yun ; Lv, Wen-Bin ; Xu, Hong-Ling

Author_Institution

Sch. of Civil Eng., Northeast Forestry Univ., Harbin, China

fYear

2010

fDate

29-31 Oct. 2010

Firstpage

1091

Lastpage

1096

Abstract

In order to assess and analyze the importance of the elements which have a significant impact on the risk, analytic network process is applied to establish the network structure model of risk evaluation index system for EPC project. And hypermatrix is utilized to compute and determine the weight of all the indexes. An EPC project risk evaluation model is constructed based on ANP (Analytic Network Process) -Fuzzy Comprehensive Evaluation to evaluate the integrated risk level. Validity of such EPC project risk evaluation model would be proved by a demonstration case analysis with help of Super Decision software. Results are shown at the last part of this paper.

Keywords

decision support systems; fuzzy set theory; risk management; ANP fuzzy comprehensive evaluation; EPC project risk evaluation model; analytic network process; hypermatrix; network structure model; risk evaluation index system; super decision software; Fluctuations; Organizations; Analytic Network Process; EPC general contract; risk evaluation;

fLanguage

English

Publisher

ieee

Conference_Titel

Industrial Engineering and Engineering Management (IE&EM), 2010 IEEE 17Th International Conference on

Conference_Location

Xiamen

Print_ISBN

978-1-4244-6483-8

Type

conf

DOI

10.1109/ICIEEM.2010.5646427

Filename

5646427