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MODERN TUNNELLING TECHNOLOGY 2015, Vol. 52 Issue (4) :41-48    DOI:
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Identification of Investment Risks for River-Crossing Tunnels Based on Grey Fuzzy Multi-Attribute Group Decision Making
1 School of Management, Chongqing Jiaotong University 2 CCCC Investment Company Limited 3 CCCC Tunnel Engineering Co., Ltd
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Abstract To help control the investment risks regarding three commonly over-budget items in river-crossing tunnels, a risk-identification model based on grey fuzzy multi-attribute group decision making was established with respect to fuzzy, grey-level, multi-attribute and group risk characteristics. The model's feasibility and effectiveness were verified by using the Nanjing Weisan Road river-crossing project as an example. The results show that it is possible for the model to achieve risk sequencing by making use of expert opinions in a comprehensive and realistic way, helping decision makers to identify the key, major and general potential risks more accurately.
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KeywordsRiver-crossing tunnel    Investment risk     Risk identification    Grey fuzzy multi-attribute group decision making     
Abstract: To help control the investment risks regarding three commonly over-budget items in river-crossing tunnels, a risk-identification model based on grey fuzzy multi-attribute group decision making was established with respect to fuzzy, grey-level, multi-attribute and group risk characteristics. The model's feasibility and effectiveness were verified by using the Nanjing Weisan Road river-crossing project as an example. The results show that it is possible for the model to achieve risk sequencing by making use of expert opinions in a comprehensive and realistic way, helping decision makers to identify the key, major and general potential risks more accurately.
KeywordsRiver-crossing tunnel ,   Investment risk  ,   Risk identification ,   Grey fuzzy multi-attribute group decision making     
Cite this article:   
.Identification of Investment Risks for River-Crossing Tunnels Based on Grey Fuzzy Multi-Attribute Group Decision Making[J]  MODERN TUNNELLING TECHNOLOGY, 2015,V52(4): 41-48
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