Comprehensive Evaluation of Metro Project Bidding Risk Based on Entropy Value Method and Fuzzy
Authors
J.X. Zhao, M. Liu, L. Li
Corresponding Author
J.X. Zhao
Available Online November 2015.
- DOI
- 10.2991/itms-15.2015.286How to use a DOI?
- Keywords
- Bidding of Metro Project; Risk Management; Entropy Value Method; Fuzzy
- Abstract
This paper proposes risk evaluation system of metro project bidding based on factors which the environment and process of metro project bidding involved. Then the paper uses the entropy value method to determine the weights of the index and adopts Fuzzy to evaluate risk management level of metro project bidding, which takes the vagueness and uncertainty into account with a combination of both methods. According to the evaluation results, the paper puts forward recommendations for improvement and verifies the feasibility of the evaluation model.
- Copyright
- © 2015, the Authors. Published by Atlantis Press.
- Open Access
- This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).
Cite this article
TY - CONF AU - J.X. Zhao AU - M. Liu AU - L. Li PY - 2015/11 DA - 2015/11 TI - Comprehensive Evaluation of Metro Project Bidding Risk Based on Entropy Value Method and Fuzzy BT - Proceedings of the 2015 International Conference on Industrial Technology and Management Science PB - Atlantis Press SP - 1170 EP - 1172 SN - 2352-538X UR - https://doi.org/10.2991/itms-15.2015.286 DO - 10.2991/itms-15.2015.286 ID - Zhao2015/11 ER -