Research on Project Risk Evaluation Method Based on Markov Process
The risk management is always an important point and tough subject in the project management. However, the proposal of the general project risk analysis theory provides a new idea to solve the project risk. In this paper, Markov chain in absorbable state is used in the project risk management. According to non-aftereffect of Markov process, a state transmission probability matrix is built to analyze and predict the project future development state. It also provides a quantitatively feasible method to analyze the project risk. In the end of this paper, a construction company project risk evaluation example is applied to testify the validity of this method.
Markov process project risk risk transmission
Anli Sun Cunbin Li
Institute of Business Management North China Electric Power University(NCEPU) Beijing, China
国际会议
上海
英文
2007-09-21(万方平台首次上网日期,不代表论文的发表时间)