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Transportation Construction Project Risk Assessment And Preventive Measures Of The Preliminary Study

Posted on:2005-10-16Degree:MasterType:Thesis
Country:ChinaCandidate:C WangFull Text:PDF
GTID:2206360125461203Subject:Technical Economics and Management
Abstract/Summary:PDF Full Text Request
Since we have organized activities, transportation construction project have been playing an important role in the development of society economy. Now our total investment on transportation projects amounts to 200 billion (RMB) every year in China. As the scale of modern transportation project is becoming much larger, the investment is more and more amazing, the specialities involved are more and more diversified, the relationships in the project are more and more complicated, and the risk of transportation project is becoming more and more difficult to control. So it is very important to control risk of transportation project effectively with modern management technique, especially with systems engineering techniques.On the basis of analyzing the characteristics of transportation project, this thesis puts its emphasis on the importance of building a project management system with the risk management as a core, and describes the whole frame of risk management. Then this paper focuses on evaluating the risks of transportation projects by two steps. Finally, according to the situation of a particular case, the thesis provides the substantial measures for avoiding risks of transportation project.The first step, we evaluate the whole risk level of the transportation project. On the foundation of risk analysis, we set an index system for evaluation. The system comprehensively reflects risks of transportation project. It has taken all the risks through the construction and running process of transportation projects into account, and numbers the indexes by experts' investigation. Introduce an example and judge the risk levels by a team of experts, then evaluate the whole risk level of the project by fuzzy mathematics comprehensive judgement and get the result. This method combines the qualitative analysis and the quantitative analysis to resolve the problem that involves many factors in whole risk appraise to get a judgement of the complicate system with all-round, clear, effective aspects. The second step, appraise the financial risk of transportation project. Atfirst, this thesis compares the traditional method and the risk compensation method theoretically, and then applies the two methods into the same case. Forecast the profit of the certain transportation project, find out the financial risk level of the project. During the process of risk assessment, the paper discusses the advantages and disadvantages of the two methods. Finally, basing on the systematic analyse and the practical situation to bring the detailed measures for risk evasion in running the project.There are many problems in risk management of transportation project, which are still worth researching. Much groundwork, such as risk identification and analysis, is very important. The method of risk analysis and assessment will be more perfect by being put into the practice. The emphasis of risk management is practicability. Therefore the thesis tries to provide a practical method for transportation project management, and modify it to be more perfect in the practice.
Keywords/Search Tags:risk, fuzzy mathematics comprehensive judgement, net present value analysis, risk management
PDF Full Text Request
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