DocumentCode
3429521
Title
Notice of Retraction
The application of AHP in the project risk analysis from the perspective of Chinese contractor
Author
Wu Yaoxing ; Chen Zhenghui
Author_Institution
Coll. of Civil Eng. & Constr. Manage., Hunan Univ. of Sci. & Eng., Yongzhou, China
fYear
2010
fDate
2-4 Nov. 2010
Firstpage
102
Lastpage
106
Abstract
Notice of Retraction
After careful and considered review of the content of this paper by a duly constituted expert committee, this paper has been found to be in violation of IEEE´s Publication Principles.
We hereby retract the content of this paper. Reasonable effort should be made to remove all past references to this paper.
The presenting author of this paper has the option to appeal this decision by contacting TPII@ieee.org.
While the Chinese project contracting market is in oversupply condition, the contractors are facing with increasingly fierce competition, for the maintenance of their own survival and further development needs, they need to properly carry out project risk management activities so that the overall goal of the project can be realized at the least cost. This paper investigates simple and effective risk analysis method on the basis of definiting that early project decision has a significant impact on the realization of follow-up phase of the project and project objectives. It puts forward using Analytical Hierarchy Process, the method combining qualitative analysis with quantitative analysis, to rank the weights of kinds of risk factors, which can help contractors take appropriate measures to control risks, with the features of high reliability, small error, easy to implement and so on. Finally, the paper discusses the specific application of AHP with a specific example.
After careful and considered review of the content of this paper by a duly constituted expert committee, this paper has been found to be in violation of IEEE´s Publication Principles.
We hereby retract the content of this paper. Reasonable effort should be made to remove all past references to this paper.
The presenting author of this paper has the option to appeal this decision by contacting TPII@ieee.org.
While the Chinese project contracting market is in oversupply condition, the contractors are facing with increasingly fierce competition, for the maintenance of their own survival and further development needs, they need to properly carry out project risk management activities so that the overall goal of the project can be realized at the least cost. This paper investigates simple and effective risk analysis method on the basis of definiting that early project decision has a significant impact on the realization of follow-up phase of the project and project objectives. It puts forward using Analytical Hierarchy Process, the method combining qualitative analysis with quantitative analysis, to rank the weights of kinds of risk factors, which can help contractors take appropriate measures to control risks, with the features of high reliability, small error, easy to implement and so on. Finally, the paper discusses the specific application of AHP with a specific example.
Keywords
construction industry; decision making; project management; risk analysis; Chinese contractor perspective; analytic hierarchy processing; project decision; project risk analysis; qualitative analysis; quantitative analysis; risk factors; Buildings; Contracts; Education; Materials; Risk management; Systematics; Analytical Hierarchy Process; Contractor; Risk Management;
fLanguage
English
Publisher
ieee
Conference_Titel
Education and Management Technology (ICEMT), 2010 International Conference on
Conference_Location
Cairo
Print_ISBN
978-1-4244-8616-8
Type
conf
DOI
10.1109/ICEMT.2010.5657536
Filename
5657536
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