Cost Risk Assessment of Construction Projects Based on Entropy-Weighted Matter-Element Model

Ming Hui Xie; Ying Yang

doi:10.4028/www.scientific.net/AMR.168-170.2402

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HomeAdvanced Materials ResearchAdvanced Materials Research Vols. 168-170Cost Risk Assessment of Construction Projects...

Cost Risk Assessment of Construction Projects Based on Entropy-Weighted Matter-Element Model

Abstract:

As modern projects are getting increasingly complicated in the changeable environment, the risk in cost faced by construction enterprises increase. Therefore it is necessary to analyze all sorts of cost risks to guide decision-making. A entropy-weighted matter-element model for assessment of cost risk is established in the article, and an example is used to explain that the model makes a good application.

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Periodical:

Advanced Materials Research (Volumes 168-170)

Pages:

2402-2405

DOI:

https://doi.org/10.4028/www.scientific.net/AMR.168-170.2402

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Online since:

December 2010

Authors:

Ming Hui Xie, Ying Yang

Keywords:

Constriction Project, Cost Risk Assessment, Entropy Weight, Matter-Element Model

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