Research on the risk factor estimate method of the model project

Pei Wu Dong*, Feng Xue Zhao, Fu Gao Bai

*Corresponding author for this work

    Research output: Contribution to journalArticlepeer-review

    Abstract

    According to the definition of risk, the risk of a model project was synthetically analyzed. The risk estimate method of the model project was set up based on the experts' subjective estimation on the likelihood and severity of risk event. The factor Pf and Cf was defined by using the methods of hierarchy process and the fuzzy synthetical estimation. After getting the risk value of every part system project, the risk factors could be measured in grads by using project disassembled structure, and the risk degree of a model project could be quantificationally showed. The research showed the optimization and science decision-making of a model project can be achieved based on the risk degree analysis.

    Original languageEnglish
    Pages (from-to)131-133
    Number of pages3
    JournalBeijing Ligong Daxue Xuebao/Transaction of Beijing Institute of Technology
    Volume26
    Issue numberSUPPL.
    Publication statusPublished - Jun 2006

    Keywords

    • Model project
    • Risk analysis
    • Risk probability factor

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