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Quantifying Qualitative Information on Risks: Development of the QQIR Method
Publisher: American Society of Civil Engineers
Abstract: The method for quantifying qualitative information on risks (QQIR) bridges the gap between qualitative and quantitative risk assessment methods. It employs fuzzy set theory and results in deriving customized probability ...
Development Model for Competitive Construction Industry in the People’s Republic of China
Publisher: American Society of Civil Engineers
Abstract: This paper identifies and analyzes the open-policy trend of the Chinese construction industry, which is characterized by trade liberalization, the underlying principle of the World Trade Organization (WTO). Compared to the ...
Assessment of Credit Risk in Project Finance
Publisher: American Society of Civil Engineers
Abstract: In project finance, raising sufficient funds via the debt channel is a key task for all project companies and sponsors. Before furnishing a loan, lenders typically need to ascertain the ability of the project company to ...