• DocumentCode
    1726681
  • Title

    Project risk identification and evaluation in power grid construction

  • Author

    Ruan Aiqing ; Chen Ya ; Fu Weixian

  • Author_Institution
    Sch. of Bus., Wenzhou Univ., Wenzhou, China
  • fYear
    2011
  • Firstpage
    725
  • Lastpage
    728
  • Abstract
    With modern risk management theory, the grid construction risk of Wenzhou Power Authority is identified and evaluated from various angles based on project life cycle of power grid construction in this paper. From practical perspectives, two dimensions, life cycle and view point of management, are designed into a matrix-type risk factors questionnaire. In data processing, taking the number of experts and feature of project management into account, the comprehensive expert weight method is proposed which is composed of level weight and qualification weight. Also, directly risk assessment and indirectly calculated risk evaluation are compared and proved their complementary to each other by gray correlation analysis.
  • Keywords
    matrix algebra; power grids; power system management; risk management; Wenzhou power authority; data processing; gray correlation analysis; matrix-type risk factor questionaire; power grid construction; project life cycle; project management; project risk identification; risk assessment; risk management theory; Contracts; Fires; Production; Qualifications; Substations; expert qualification weight; power grid projects; risk assessment;
  • fLanguage
    English
  • Publisher
    ieee
  • Conference_Titel
    Grey Systems and Intelligent Services (GSIS), 2011 IEEE International Conference on
  • Conference_Location
    Nanjing
  • Print_ISBN
    978-1-61284-490-9
  • Type

    conf

  • DOI
    10.1109/GSIS.2011.6044067
  • Filename
    6044067