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Complexity
Volume 2017, Article ID 5174613, 13 pages
https://doi.org/10.1155/2017/5174613
Research Article

The Portfolio Balanced Risk Index Model and Analysis of Examples of Large-Scale Infrastructure Project

1Business School, Central South University, Changsha 410083, China
2Department of City Management, Hunan City University, Yiyang 413000, China

Correspondence should be addressed to Wu Gao; moc.anis@026047wg

Received 17 March 2017; Accepted 20 April 2017; Published 14 May 2017

Academic Editor: Omar Abu Arqub

Copyright © 2017 Wu Gao and Kairong Hong. This is an open access article distributed under the Creative Commons Attribution License, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.

Abstract

This paper focuses on a three-dimensional portfolio balanced risk index model for large-scale infrastructure project risk evaluation as a hot topic of current research. Taking subjectivity utility and complex evaluation motivation into consideration, a method of combinational equilibrium evaluation is built using the index form to reflect whole loss changes of risk. For risk index evaluation and measurement issues, this paper first constructs a risk evaluation index system and three risk coefficients of single factor by questionnaire survey and fuzzy evaluation. Then we calculate the risk index of single factor, which arrives at the classification and combination risk index through AHP method. Finally, we verify the index validity by analysis of examples. With this research we expand the evaluation dimension and provide a new analytical tool for risk monitoring and warning.