The Research On Public Project Duration Risk Assessment And Strategies

Public project has great influence on the national economic and social development.But the long construction period, complex construction environment often leads to thedelay of project. Therefore, study the method to prevent public project duration riskbecome the research focus.In this paper, on the basis of classifying duration risk, study on different formationmechanism of public project duration risk.For Immediacy Duration risk,constructionImmediacy Duration risk evaluation index system by the identification and detailanalysis.The Index weight is obtained by using the comprehensive method, to get theweight of each factor, according to the result of sorting, formulate correspondingmanagement measures; For transitive duration risk,using the input-output method to getthe level of the stakeholders risk output.In the view of the government,to preventstakeholders unlimited risk transfer to the government.Taking into account the ability toresist risks, set a reasonable risk transfer costs.then the stakeholders to measureexposures or transfer strategies.Modeling can prevent various stakeholders unrestrictedtransfer of risk to the government, to achieve the optimal effect of riskmanagement.Finally, Xi’an North Railway Station instance,the different formationmechanisms of the duration risk were analyzed to verify the reasonableness of themodel.