Establishing of Construction Project Risk Indicators System Based on Factor Analysis

Abstract:

The project is the carrier of national investment of fixed assets. The improvement of the level of project management has a positive role in promoting the growth of the national economy and maintaining the national economic long-term prosperity and stability. Based on the risk characteristics of construction project, this paper firstly identifies and determines the 43 initial risk indicators which affect the projects; secondly it uses expert scoring method to determine the degree of satisfaction of the initial risk indicators; thirdly it analyzes the sample data with the advantages of the analysis factor analysis in data processing and finally constructs the risk indicators system which affects construction projects.

• Periodical: Applied Mechanics and Materials (Volumes 357-360)
• Pages: 2464-2470
• DOI: https://doi.org/10.4028/www.scientific.net/AMM.357-360.2464
• Online since: August 2013
• Authors: Li Ming Xia, Xue Na Li
• Keywords: Constriction Project, Factor Analysis (FA), Indicator System, Risk Factor

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