Financial Management Risk Identification and Measurement in UHV Project

Abstract:

Compared with the general power engineering projects, UHV projects have characteristics of large construction scale, wide radius of management, long management chain and many units involved. Therefore, UHV projects have many financial risks which are different from general power projects. Identifying and measuring risks of financial management in the UHV project is of great significance to avoid important financial risks and improve the efficiency of project financial management. After combing the present situation and characteristics of the UHV project financial management, we use the “three whole” to identify UHV project financial risks from an all-around point of view. Then each importance score of the risk is obtained by expert scoring method so as to divide all the risks into 3 groups, significant risks, important risks and commonly risks by clustering analysis, which can provide the basis for optimizing UHV project financial management mode in the future.

• Periodical: Applied Mechanics and Materials (Volume 740)
• Pages: 972-976
• DOI: https://doi.org/10.4028/www.scientific.net/AMM.740.972
• Online since: March 2015
• Authors: Jin Wang*, Lu Wang, Yang Xu, Xiao Yu Wang, Zong Yun Song
• Keywords: Clustering Analysis, Risk Identification, Risk Measurement, UHV Power Engineering

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