Fuzzy Probability Method-Based Risk Assessment of International Engineering Project

Zhang Jun Liu; Ya Kong

doi:10.4028/www.scientific.net/AMR.368-373.3180

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HomeAdvanced Materials ResearchAdvanced Materials Research Vols. 368-373Fuzzy Probability Method-Based Risk Assessment of...

Fuzzy Probability Method-Based Risk Assessment of International Engineering Project

Abstract:

In the present paper, the fuzzy probability method is applied to assess the risk of international engineering project. Firstly, According to the risk from the whole cycle of international engineering project, The influential factors of the project bidding risk assessment are analyzed. The risk of international engineering project is divided into four parts, such as national risk, industrial risk, involved parties risk and project’s risk, and an assessment index system of international project risk is constructed. Secondly, based on the fuzzy probability method, a new model of the risk assessment for international engineering project is developed. In order to assess index weighted value scientifically, the analytical hierarchy process (AHP) is introduced into the fuzzy weighted values. Finally, the validity and rationality of the risk evaluation for international engineering project is verified through the risk instance of a project.

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Periodical:

Advanced Materials Research (Volumes 368-373)

Pages:

3180-3183

DOI:

https://doi.org/10.4028/www.scientific.net/AMR.368-373.3180

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Online since:

October 2011

Authors:

Zhang Jun Liu, Ya Kong

Keywords:

Analysis Hierarchy Process (AHP), Fuzzy Probability Method, International Engineering Project, Risk Assessment

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