The Research On Financing Scheme Selection Of Public Engineering Project Based On Risk Appraisal

For many years, the main investor of the public engineering projects, whose beneficial target are the public, is the government through fiscal financing and investment. According to the long construction cycle and the requirement of huge investment, there has been a large supply-demand gap in the financing field of the public engineering project. The government has adopted some reform measures such as introducing non-public capital into the public engineering project in order to solve the problems of this field.As the importance of the public engineering project towards the regional economy or the national economy, the government's overriding concern is whether the financing process of the public engineering project can get along smoothly and successfully after the introducing of non-public capital into the public engineering project. So it is necessary for the government to analyze the influencing factors of the public engineering project's financing from the standpoint of the project itself. Then establish an appraisal indicator system of the financing risks in public engineering project to select the proper financing scheme according to the real conditions and the appraisal criterion.The main research of the paper is the financing schemes of the public engineering project from the standpoint of the financing risks'recognize and risk management. The research starts with the government's selection of financing scheme in the public engineering project. The author proceed the study with risk management, first take the various financing channel into consideration, then analyzed the influencing factors and their relative importance towards the financing schemes, afterwards established an appraisal indicator system of the financing risks. The author tried to combine the theories of public administration with the research methods of project risk management to find out the most proper financing scheme for the government.The following is the research route of the paper :(1) establishing an appraisal indicator system of the financing risks in public engineering project according to the real condition and the theory of AHP;(2)Setting up the one-one relative importance judgment matrixes, and deciding the importance weighting of every index with the help of MATLAB6.5;(3)Testing the consistency of the data, the data which can satisfy the requirement of consistency will go along the next process while the data which...