Journal article

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

Abstract

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..

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Grants

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


Funding Acknowledgements

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.