Title :
Multi-layer fuzzy comprehensive investment risk assessment and management in power construction project
Author :
Dongxiao, Niu ; Ling, Ji ; Dong, Ma
Author_Institution :
Sch. of Econ. & Manage., North China Electr. Power Univ., Beijing, China
Abstract :
Power industry is capital and technology intensive, which is also an important foundation for public utility nature of the industry. It is closely connected with many factors, such as the electricity market, capital, and technology. Better risk analysis and management in power construction investment can avoid blind investment, which guarantee power construction projects go smooth. Therefore the investment risk can be reduced efficiently, which can improve returns on investment significantly. Through analyzing the risk factors may faced in power construction project, an investment risk evaluation index system of power projects is established in this paper, besides a multi-layer fuzzy comprehensive investment risk assessment model is proposed. Finally, use a real case to explain the effect of the model.
Keywords :
electricity supply industry; fuzzy set theory; investment; project management; risk management; blind investment; investment risk assessment; investment risk evaluation index system; investment risk management; multilayer fuzzy comprehensive investment risk; power construction project; power industry; Biological system modeling; Economics; Education; Indexes; Investments; Production; Risk management; investment risk; power instruction project; risk management;
Conference_Titel :
Education and Management Technology (ICEMT), 2010 International Conference on
Conference_Location :
Cairo
Print_ISBN :
978-1-4244-8616-8
Electronic_ISBN :
978-1-4244-8618-2
DOI :
10.1109/ICEMT.2010.5657623