Research Capital Construction Investment Of Universities For Risk Evaluation System

Since 1999,higher education has expanded rapidly,but the education resources like the original area of colleges and universities,the teaching and living facilities,can't meet the basic managerial needs after the enrollment.Due to the limited student fee and government funding, colleges and univercities have to use bank loan for construction to improve the managerial condition.During the tenth five-year plan,the total investment of state-run college infrustructure is 300 billion yuan,including the bank loan around 150 million yuan; there're different scales of infrastructural loan in above 85 percent of the colleges and universities directly affiliated to the State Educational Ministry, of which some universities even loaned more than 2 billion yuan.Colleges and universities loan-based financing for infrastructure projects are bound to debt service, and to repay the funds banks invest. Colleges and universities should have a idealized designing and operating mode on fund-raising infrastructure, enrollment, subordinated loan, but because funding the design, constructing, enrolling, loan-repaying is a long process, in which there are various factors that could cause the original design not to be achieved,so that debt service can't materialized.There are four major risks. first, the decision-making orientation of colleges and universities may be unscientific.During the long period affected by external factors,Some of the factors in the program may be distorted; Second, some loans are controled by market in such areas like the delivery structure, size and interest; Third in the infrastructure process, due to the bad supervision and management,there exists raw materials wasted, the time limit extended and all kinds of unknown expenses changed;Four,the market leads to the change of the instructural cost such as nuclear materials.Colleges and universities should build infrastructure investment risk dentification, assessment, response management and control mechanisms, through using the financial early-warning systems, critical control point warning system on the projects under construction, control and risk assessment model on college credit line and risk early-warning analysis, discover various potential risk in the infrastructure in time,to avoid and prevent the risk of infrastructure loan and the financial crisis.Based on the study and analysis, this paper use such the methods like diagrams, mathematical model and case analysis etc,furtherly study the infrastructure investment risk colleges and universities are facing. This paper focuses on the risk management, cost control and evaluation system.on infrastructure investment.Conclusion:the investment risk management and cost control on infrustructral projects should run through the whole management process,including project decision-making, designing, bidding, constructing and completed stage, with the concept of saving investment integrated into the whole project management. The ultimate purpose is to the maximize return with minimum cost on the premise of the quality of projects guaranted.