HUANG Yi, LI Sui-ke. Research on Risk Evaluation Method for International Engineering Projects[J]. International Journal of Plant Engineering and Management, 2013, 18(3): 140-145

Research on Risk Evaluation Method for International Engineering Projects
HUANG Yi, LI Sui-ke
School of Management,Northwestern Polytechnical University,Xi'an 710072, P.R. China
Risk evaluation is one of the important elements of international engineering project management. The risk factors of international engineering projects are systematically analyzed from multiple dimension features of the projects. The multilayer evaluation index system for the international engineering project risk assessment is proposed and constructed,which consists of 8 I-grade indexes and 24 II-grade indexes as policy risk,market risk,resource risk,and technical scheme risk,schedule risk,funding risk,personnel risk and management risk. And then the self-evaluation and benchmarking evaluation methods are applied to evaluate the international engineering project risk,and established the corresponding mathematical models. Finally,a project evaluation example is given to illustrate the applicability and effectiveness of the mathematical models.
Key words:    international engineering project    risk analysis    risk evaluation    risk management   
Received: 2013-07-03     Revised:
Funds: This paper is supported by National Natural Science Foundation of China under Grant No. 71172123,by Aviation Science Fund under Grant No. 2012ZG53083, by humanities and social science research special task project of Chinese Ministry of education un-der Grant No. 10JDSZ1010.
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