Risk analysis on Bohai Strait Cross-sea Channel investment based on analytic hierarchy process

WU Ai-hua; ZHANG Fang-fang; LI Tian-lu

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Article Navigation > Journal of Traffic and Transportation Engineering > 2008 > 8(5): 121-126

WU Ai-hua, ZHANG Fang-fang, LI Tian-lu. Risk analysis on Bohai Strait Cross-sea Channel investment based on analytic hierarchy process[J]. Journal of Traffic and Transportation Engineering, 2008, 8(5): 121-126.

Citation:

WU Ai-hua, ZHANG Fang-fang, LI Tian-lu. Risk analysis on Bohai Strait Cross-sea Channel investment based on analytic hierarchy process[J]. Journal of Traffic and Transportation Engineering, 2008, 8(5): 121-126.

Citation:

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Risk analysis on Bohai Strait Cross-sea Channel investment based on analytic hierarchy process

1.
School of Management, Ludong University, Yantai 264025, Shandong, China
2.
Huaneng Jilin Power Generation Ltd., Changchun 130000, Jilin, China

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Author Bio:
WU Ai-hua (1976-), female, lecturer, PhD, +86-535-6676517, hiwuaihua@yahoo.com.cn
Received Date: 2008-02-14
Publish Date: 2008-10-25

Abstract

Abstract

In order to evaluate the risk of Bohai Strait Cross-sea Channel, analytic hierarchy process(AHP) was applied, the factors of impacting the project were decomposed, the various factors were ranked based on the risk degree to the project, and several key factors for the project were studied.Analysis result indicates that the factors of impacting the project from large to small are geographical conditions, technological level, accidents, capital, resource use, policy and legislation.Four ranks are divided based on the risk degree to the project, the risk of submarine geology conditions is the highest, the risks of disaster prevention and rescue system and lighting system in tunnel project are higher, the risks of flood prevention facilities and tunnel monitoring system are lower, and the risk of plan function is the lowest.Last the results are explained, and the planners and investors of the project can carry out the risk management according to the result.
- transportation economy,
- risk analysis,
- analytic hierarchy process,
- cross-sea channel

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References(11)

References

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