Research On The Governance Mechanism Selection Of The Government Investment Project Agent System Based On The Life Cycle Theory

In recent years, with the rapid development of China’s economy, the development of government investment projects is also growing rapidly,and occupies the commanding position of the construction project all the time. However,in the construction process of more and more government investment projects, a lot of serious accidents happened, the reasons for the failure of these projects, is inconsistent of powers and responsibilities and benefits of the various parties of government investment projects, and there is a big problem among project internals. To improve the governance level of government investment projects, the efficient operation of government investment projects, promoting social and economic development is the focus of the broad masses of the people.For more government investment construction agents system involved in the project, through a contractual relationship to establish a partnership between the various stakeholders in different project life cycle is needed. In this paper, the strong ties of the strong contract of contract governance and relationship management of project governance mechanisms, the strong contract of weak ties, weak contract strong ties, weak contract weak relationship between the four governance mechanisms, combined with the characteristics of government investment agent system project, theoretical analysis the agent system of government investment project governance mechanisms, and decision-making in government investment agent system project design phase, the project implementation phase, the final acceptance stage governance mechanisms to select the analysis of factors affecting the framework of the model. Finally, survey, regression analysis and statistical analysis using SPSS statistical software on the theoretical analysis of the results of an empirical study. The empirical results show that the key factors of during the government investment agent system project governance mechanisms in the decision-making design phase are scale of the project, project design, and cooperative relations, the signing of the contract and fund management rights, the type of contract. The implementation stage of governance mechanisms to select the key factors for the project to change the uncertainty of the completeness of agent contracts, internal management systems, and communication. The key factors of completion and acceptance phase of governance mechanisms to select are the final acceptance report, the actual amount of investment, the expected return, completed on schedule.During the key factors mechanisms analysis in the government investment agent system project governance, obtained the specific evaluation of government investment agent system project governance mechanism, the establishment of a government investment agent system project governance mechanism to select the general decision-making model. Fuzzy decision-making, the evaluation index and the four governance mechanisms of government investment agent system project governance mechanisms to establish a fuzzy correspondence between the treatment of government investment agent system project through expert scoring method to determine the different life the weight of each evaluation cycle, according to the results to choose the best governance mechanism. Thus ensure that the project carried out smoothly, improve the governance of the project, provide a reference for government departments and project owners and other decision-making, has a certain practical value.