International Journal of Value Engineering

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ISSN

3060-950X(Online)

3060-9518(Print)

Article Processing Charges (APCs)

US$800

Publication Frequency

Semiyearly

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Published

2024-12-26

Issue

Vol 1 No 1 (2024): Published

Section

Articles

How to Cite

Tu, C. (2024). Risk assessment of local state-owned enterprise owners’ projects. International Journal of Value Engineering, 1(1). https://doi.org/10.59429/ijve.v1i1.8262
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Risk assessment of local state-owned enterprise owners' projects

Chuanbao Tu

Wanxin Cultural Industry Investment (Group) Co., Ltd., Hefei 230051, China


DOI: https://doi.org/10.59429/ijve.v1i1.8262


Keywords: local state-owned enterprises; risk assessment; analytic hierarchy process; fuzzy comprehensive evaluation


Abstract

There is a common problem of insufficient application of risk management by local state-owned enterprise owners in the actual project management process. It is of great significance to research and use scientific methods to sort out, monitor, and manage various risks existing in the project, in order to achieve the goal of achieving good economic and social benefits after the project is completed. This article elaborates on the steps and methods of qualitative and quantitative analysis of project risks for local state-owned enterprises. The results indicate that the application of checklist method and expert scoring method can determine the indicator system for risk assessment of projects, and the weight of indicators at each level can be determined using Analytic Hierarchy Process. The project can be evaluated using fuzzy comprehensive evaluation method.


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