Research On The Application Of Analytic Hierarchy Process(AHP)in Risk Evaluation Of ITAT Venture Project

As a financial service tool with the high risk and high income, venture capital needs investors by judging the risk possibilities to avoid high risks. This thesis aims to providing a useful tool for risk evaluation through applying Analytic Hierarchy Process (AHP) to ITAT venture project.This thesis firstly makes analysis on the concept of venture capital and introduces its developing situation in China, and then introduces the basic theory and application of Analytic Hierarchy Process (AHP), including AHP model, nine-quantile scale, consistency test of judgment matrix and weight calculation.In the application of AHP method for risk evaluation of ITAT venture project, firstly I construct a risk factor indicator system according to the general characteristics of venture capital and analyze the importance alternation law of the main factors, then base on the characteristics of ITAT project itself, I select key risk factors and calculates their weights, afterwards by evaluating risk possibilities of each elements base on the data analysis, judge the risk possibility of the whole project and give suggestions about ITAT venture project, finally evaluate the application and point out limitations and prospect of AHP method in the field of venture capital.