Research On Risk Assessment Of PPP Project For The Pension Institution

Since twenty-first Century,the PPP model has been widely used as a new construction mode for the project of pension institutions.The private sector through the PPP mode to participate in the government led pension agency projects,enjoy preferential land and tax policies provided by the government,to get the project income;government departments are also liberated from the project management of pension institutions,to pension institutions for the overall planning,operation and supervision etc..Both the public and the privacy can benefit from the PPP model to achieve a win-win result.However,PPP model of pension institutions due to participation in number,large investment costs,high financing costs,long construction period,PPP model is applied to the construction of pension institutions will encounter including politics,law,society,technology,operations,cooperation,various types of risks,how to carry out the project risk identification and risk assessment work the important content of project risk control.According to the project risk management theory and PPP model characteristics,by means of literature analysis and WBS-RBS method to identify the pension agency risk factors for PPP projects,and construction project risk evaluation model to evaluate the grade of risk,eventually develop a reasonable risk measures,risk control of pension institutions PPP project.First,this paper introduces the basic concept of classification of pension institutions,pension institutions,and the concept of PPP mode,the types and characteristics of induction,describes the main construction mode of pension institutions of the PPP project,the project concluded from the specific process of different stages of risk identification,risk assessment,risk response and so on.Secondly,the present stage of the construction of pension institutions is briefly introduced,and the main problems existing in the present stage of the pension institutions are summarized.This paper analyzes the applicability of introducing PPP mode into pension institutions,and expounds the theoretical basis and feasibility and necessity of PPP mode in pension institutions.And describe the PPP project risk characteristics of pension institutions,the use of literature identification method for PPP project risk factors are summarized,the establishment of risk list containing 40 risk factors,based on the recognition of the project risk by using WBS-RBS method,establish project risk matrix as the pension agency PPP project risk evaluation index system including 6 first class indexes and 24 level two indexes.Furthermore,the grey fuzzy comprehensive evaluation method is introduced and its advantages are discussed.Finally,taking the Shenyang pension service center as an example,the project risk identification and questionnaire were issued,and the risk evaluation model of PPP pension institutions based on grey fuzzy comprehensive evaluation method was applied to evaluate the risk of the project.The evaluation results show that the general level of risk is the overall risk of the project,the project risk response measures according to the degree of importance of project evaluation results and the specific risk,and through the foregoing conclusion and outlook on future pension institutions PPP project risk evaluation work.Starting from the risk of PPP project in the pension institutions,based on the literature review and the summary of domestic and foreign literature,the paper has developed an objective and scientific risk assessment system for PPP projects in the old-age care institutions based on the reasonable risk identification method,and proposed a risk assessment model for such institutions.On the one hand,it enriches the risk management theory of the PPP project of the pension institution,on the other hand,it also provides a new idea for the risk identification and risk evaluation of the pension institutions.Grey fuzzy comprehensive evaluation method is adopted in the project evaluation process,in practice and the combination of qualitative analysis and quantitative analysis,is helpful to the scientific and reasonable evaluation of risk of the pension agency PPP project,according to the evaluation results and put forward the corresponding risk control measures.The research and theoretical methods of this paper have some practical significance,which can provide reference for the risk assessment of the PPP project in the pension institution.