Title :
Risk Evaluation of PPP Project Based on Matter-Element Analysis
Author :
Li, Juanfang ; Liu, Xing
Author_Institution :
Sch. of Civil Eng., Wuhan Univ., Wuhan, China
Abstract :
The risk evaluation of PPP project is researched by matter-element theory. Considering each risk factor of PPP project, the risk evaluation index system of PPP project is established. Based on the definition of evaluation grade, it determines the evaluation district matter-element matrix, traditional matter-element matrix, computes the weight of evaluation index and synthesized relating subordinateness. Finally, the risk factor degree of PPP project is obtained and an example accounting for the application of the model is provided. It is concluded that this method has conceptual clarity and simple calculation, it can assess the degree of risk factors and be able to provide with higher precision.
Keywords :
investment; organisational aspects; risk management; PPP project; evaluation district matter-element matrix; matter-element analysis; matter-element theory; public private partnerships; risk evaluation index system; risk factor; synthesized relating subordinateness; traditional matter-element matrix; Analytical models; Correlation; Economics; Indexes; Investments; Mathematical model; Rails;
Conference_Titel :
Management and Service Science (MASS), 2011 International Conference on
Conference_Location :
Wuhan
Print_ISBN :
978-1-4244-6579-8
DOI :
10.1109/ICMSS.2011.5998382
