Cost Risk Assessment of Construction Projects Based on Entropy-Weighted Matter-Element Model
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.
M. H. Xie and Y. Yang, "Cost Risk Assessment of Construction Projects Based on Entropy-Weighted Matter-Element Model", Advanced Materials Research, Vols. 168-170, pp. 2402-2405, 2011