Research on the Evaluation Model of Bidding Risk in Engineering Project

Bao Kun Liu; Peng Wang

doi:10.4028/www.scientific.net/AMR.433-440.2244

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HomeAdvanced Materials ResearchAdvanced Materials Research Vols. 433-440Research on the Evaluation Model of Bidding Risk...

Research on the Evaluation Model of Bidding Risk in Engineering Project

Abstract:

The decision of bidding risk in International Engineering project faces many risk factors. It is of significance to identify precisely the assessment of the risk correctly. A concise and practical method of assessing the tender decision risk is presented in this paper based on the principle of AHP method and fuzzy comprehensive evaluation method. We take Inner Mongolia Power Company Limited H 2 × 600MW project for example to verify the practicality and effectiveness of the system. Finally, considering of thermal power construction project's bidding risk characteristics, then we offer some risk control measures, which provides a more objective and applicable method for the risk management in international projects.

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Periodical:

Advanced Materials Research (Volumes 433-440)

Pages:

2244-2249

DOI:

https://doi.org/10.4028/www.scientific.net/AMR.433-440.2244

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Online since:

January 2012

Authors:

Bao Kun Liu, Peng Wang

Keywords:

Analysis Hierarchy Process (AHP), Bidding Risk, Engineering Project, Fuzzy Comprehensive Evaluation (FCE)

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References

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