Title :
Risk evaluation of EPC project based on ANP fuzzy comprehensive evaluation
Author :
Yang, Hui-Yun ; Lv, Wen-Bin ; Xu, Hong-Ling
Author_Institution :
Sch. of Civil Eng., Northeast Forestry Univ., Harbin, China
Abstract :
In order to assess and analyze the importance of the elements which have a significant impact on the risk, analytic network process is applied to establish the network structure model of risk evaluation index system for EPC project. And hypermatrix is utilized to compute and determine the weight of all the indexes. An EPC project risk evaluation model is constructed based on ANP (Analytic Network Process) -Fuzzy Comprehensive Evaluation to evaluate the integrated risk level. Validity of such EPC project risk evaluation model would be proved by a demonstration case analysis with help of Super Decision software. Results are shown at the last part of this paper.
Keywords :
decision support systems; fuzzy set theory; risk management; ANP fuzzy comprehensive evaluation; EPC project risk evaluation model; analytic network process; hypermatrix; network structure model; risk evaluation index system; super decision software; Fluctuations; Organizations; Analytic Network Process; EPC general contract; risk evaluation;
Conference_Titel :
Industrial Engineering and Engineering Management (IE&EM), 2010 IEEE 17Th International Conference on
Conference_Location :
Xiamen
Print_ISBN :
978-1-4244-6483-8
DOI :
10.1109/ICIEEM.2010.5646427