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Construction of Risk Evaluation Index System for Power Grid Engineering Cost by Applying WBS-RBS and Membership Degree Methods

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  • Jiao Wang

Abstract

Based on the perspective of cost risk management of the entire process of power grid construction project, the WBS-RBS risk identification method is applied. The risk factors of power grid engineering cost are comprehensively identified from the five major engineering cost formation stages: investment decision estimate stage, design estimate stage, bidding price stage, construction budget stage, and final account stage. Combined with the basic data obtained from the questionnaire, the membership degree method is adopted to screen the key indicators of the preliminary factors of cost risk and then eliminate the redundant indicators. Furthermore, a set of simple and efficient risk evaluation index system for power grid engineering cost is constructed in order to improve the risk evaluation and management level of power grid construction project in China.

Suggested Citation

  • Jiao Wang, 2020. "Construction of Risk Evaluation Index System for Power Grid Engineering Cost by Applying WBS-RBS and Membership Degree Methods," Mathematical Problems in Engineering, Hindawi, vol. 2020, pages 1-9, August.
    • Handle: RePEc:hin:jnlmpe:6217872
    DOI: 10.1155/2020/6217872
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    Cited by:

    1. Fangyuan Qian & Shuiye Niu & Yujuan Xi, 2022. "Multi-Technology Driven R&D Cost Improvement Scheme and Application Utility of EESP in Energy-Intensive Manufacturing Industry," Sustainability, MDPI, vol. 14(10), pages 1-21, May.
    2. Dingding Yang & Yu Zheng & Kai Peng & Lidong Pan & Juan Zheng & Baojing Xie & Bohong Wang, 2022. "Characteristics and Statistical Analysis of Large and above Hazardous Chemical Accidents in China from 2000 to 2020," IJERPH, MDPI, vol. 19(23), pages 1-27, November.

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