| The new campus construction projects of college have many problems, such as the long construction period, huge investment and a large number of uncertainties which are constantly changing. Uncertainties will bring about the risk of the project, which will affect the smooth implementation of the project, and even affect the normal operation of colleges. If these risks can not be paid attention to or handled properly, they can cause irreparable losses. In recent years, practice has proved that some colleges and universities are nearly to the brink of bankruptcy as a result of the new campus construction's debt. Therefore, it is necessary to carry out the risk management research of the project.The risk has two dimensions. One is the probability, and the other is the loss. The risk management of the new campus construction is mainly reflected in the soft risk management, which is different from the pure risk of investment business. There is less research in this area. Based on the risk management of the new campus construction project of our college, this article studies every stage in detail when the risk management is carried out. It elaborates and analyses risk identification, risk evaluation and risk prevention.In the analysis of risk factors in the project, this article analyses five factors that affect the project according to the features of the new campus construction project of our college. In the project risk evaluation, we establish the project risk evaluation index system and use multi-level fuzzy comprehensive evaluation model for a comprehensive risk evaluation. To guard against the project risk, this article focus on the implementation of multi-channel financing, opening up new investment channels and new revenue-generating channels to avoid a single loan. In the construction projects, we should do everything according to our financial capabilities, construct by stage to disperse the risks, implement project financing and contract the project to transfer the risk.
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