Title :
Contractor Project Risk Evaluation Based on Expansion Principle for Triangular Fuzzy Matrix
Author :
Xi-shuang, HAN ; Ren-hui, LIU
Author_Institution :
Harbin Inst. of Technol., Harbin
Abstract :
The risks factor of construction projects are made an analysis on the characteristic of project, thus the international project risk evaluation system has been built based on the six risks that include bidding risk, market competition risk, engineering characteristics risk, contract risk, other participator risks and environmental risk. Construction of the project risk evaluation system has been established, and complementary judgment matrix is designed based on triangular fuzzy number. Furthermore triangular fuzzy matrix has been made a solution by expansion principle from the multi-attribute-based, priorities of complementary judgment matrices are provided. The result realize for identifying the pivotal risk factor of construction project risk.
Keywords :
construction industry; contracts; fuzzy set theory; project management; risk management; bidding risk; complementary judgment matrix; construction projects; contract risk; contractor project risk evaluation; engineering characteristics risk; environmental risk; expansion principle; international project risk evaluation system; market competition risk; triangular fuzzy matrix; Conference management; Environmental management; Fuzzy logic; Fuzzy sets; Fuzzy systems; Project management; Risk analysis; Risk management; Technology management; Weather forecasting; construction project; construction project risk; project risk evaluation; triangular fuzzy matrix;
Conference_Titel :
Management Science and Engineering, 2007. ICMSE 2007. International Conference on
Conference_Location :
Harbin
Print_ISBN :
978-7-88358-080-5
Electronic_ISBN :
978-7-88358-080-5
DOI :
10.1109/ICMSE.2007.4422194
