JOURNAL OF YANGTZE RIVER SCIENTIFIC RESEARCH INSTI ›› 2013, Vol. 30 ›› Issue (1): 86-89.DOI: 10.3969/j.issn.1001-5485.2013.01.017

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Quantitative Risk Analysis of Water Project Investment under the Current Valuation Models of Engineering Quantity Bill

SHAO Liang, LI Zhi-jian   

  1. Comprehensive Management Centre, Changjiang Water Resources Commission, Wuhan 430010, China
  • Received:2011-11-25 Revised:2012-02-02 Online:2013-01-01 Published:2013-01-16

Abstract:

A quantitative risk analysis was conducted for water project investment under the valuation models of project quantity bill. The risk theory was introduced to analyze the main risk factors. The Oracle Crystal Ball software was employed to carry out quantitative analysis on the  risk factors of total investment. The influence of each factor on the investment was predicted. This research was applied to engineering practice and provided a reference for the risk analysis of water projects.      

Key words: water project, bill of quantities, pricing risk, risk analysis software

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