Risk Assessment of China's Water-Saving Contract Projects
Qian Li, Ziheng Shangguan, Mark Yaolin Wang, Dengcai Yan, Ruizhi Zhai, Chuanhao Wen
Water | MDPI | Published : 2020
In order to alleviate the problem of water shortage, the Ministry of Water Resources of China proposed a Water-Saving Contract (WSC) project management model in 2014, which is similar to the Energy Performance Contract (EPC). In this context, this research aims to explore the applicability of China’s WSC projects by risk assessment, and to help promote WSC projects in China. Different from traditional risk assessment, this paper takes into account the uncertainty of the EPC project’s risks, and adopts the multielement connection degree set pair analysis to evaluate both the level and trend of the risks. The results show: (1) the overall risk of China’s WSC projects is low, so WSC projects ar..View full abstract
Awarded by Australian Research Council
Awarded by National Social Science Fund
Awarded by Major Projects of the Key Research Base of Humanities and Social Sciences of the Ministry of Education
Australian Research Council: DP170104138; National Social Science Fund: 18BGL006; the Major Projects of the Key Research Base of Humanities and Social Sciences of the Ministry of Education: 18JJD790018.