Purpose. The purpose of this study is to comprehensively and objectively evaluate the risks of Sino-Russian interstate projects, and further promote the accumulation of project management experience and the improvement of management techniques. Methods. The author adopts the Fuzzy Analytic Hierarchy Process (FAHP) method to conduct further data analysis based on the risk assessment indicator system. The author uses the expert questionnaire survey method. Based on the survey results, a fuzzy judgment matrix is constructed, and weights are assigned to the indicators. With these weight data, the comprehensive importance ranking of the risk assessment indicators for Sino-Russian interstate projects can be obtained. Results. The author obtained the following results through data analysis. In the risk assessment of the Sino-Russian interstate project: In terms of behavioral risk, attention should be paid to the ability of subcontractors to fulfill their contracts on schedule during the construction phase, and efforts should be made to explore international standards applicable to both China and Russia. In terms of management risk, importance should be attached to the cultivation of international project management talents, and it is necessary to explore the training mode of project management talents for Sino-Russian projects; and the concept of the sustainable development of the project should be emphasized. In terms of process risk, attention should be paid to the screening of project categories and schemes. In terms of external risk, it is necessary to optimize project policies and industrial policies and accelerate the progress of project approval. Conclusions. The results of the model analysis provide in detail the specific ranking of the key risk factors of Sino-Russian interstate projects, offering an academic increment for the risk research in this field. In subsequent studies, empirical analysis can be further carried out for specific projects. The research findings put forward corresponding improvement suggestions for the risk management of Sino-Russian interstate projects.
Wang Xiaohan
Henan University of Economics and Law
Publications of the author
In the journalp. 34-42
Establishment of indicator system for risk assessment of Sino-Russian interstate projects based on fuzzy analytic hierarchy process
X. Wang
Sino-Russian interstate projects are generally with the characteristics of large scale, long duration, high technical content, and multiple participants. In the process of project implementation, it will inevitably be affected by many objective conditions such as economy, management, and technology, resulting in certain risks and uncertainties. Therefore, the key factor to improve interstate project management is to control and reduce project risk from the whole life-cycle of the project. Through literature and case analysis, the evaluation indicators suitable for Sino-Russian interstate projects are reasonably selected. Further, through certain methodology, a comprehensive evaluation of risk indicators and guidance for project management is the purpose. The author uses expert interview, brainstorming, and questionnaires to further organize the risk list. The formation of the hierarchical structure and the construction of the risk factor hierarchical model is the first step and important foundation of the Fuzzy Analytic Hierarchy Process (FAHP) method. The article describes the establishment process of this risk factor hierarchical model in detail. It lays the foundation for the subsequent fuzzy complementary judgment matrix and risk factor importance ranking. The final results provide scientific references for Sino-Russian interstate project management.
