The Dynamic Evaluation Of Urban Rail Transit Project Financing Risk

To speed up the urban rail transit development in our country, the construction needs large capital, used to rely mainly on government investment and bank loans as a way to raise money, now it is difficult to meet the requirements of project construction, the introduction of project financing mode will help ease the financial pressure, transfer the investment risk. It’s important to note that urban rail transit project financing, there are a lot of uncertainty factors in the process of the current risk research mainly considering from static thinking. Introduced in this paper the dynamic risk management concepts and ideas, to explore the early stage of the project, project construction and project operation phase of the three stages of risk factors and influence degree, to establish a reasonable and scientific evaluation system of urban rail transit project financing risk, in order to improve the success of the project.First of all, the project financing at home and abroad and the current situation of the development of project financing risk analysis and put forward in this paper, the research point of view, and then start from the theory of urban rail transit project financing, system, comprehensively analyzed the concepts and features of urban rail transit, and project financing, and further describes the traditional financing model of urban rail transit and project financing mode, more clearly the characteristics of urban rail transit project financing were analyzed. Then, to analyzes the problems existing in the urban rail transit project financing, provide the basis for the financing risk evaluation. Second, by looking at historical data and using the method of risk identification, the urban rail transit project financing risk identification and risk factors for listing. It summarizes the advantages and disadvantages of the existing risk assessment methods, and puts forward the dynamic risk assessment model based on extenics. At the same time, considering the urban rail transit project financing risk factors in the complex relationship, the influence of the selected network weights of analytic hierarchy process(ANP) to determine the risk factors, from the dynamic perspective of extenics based on ANP dynamic evaluation model of urban rail transit project financing risk. Finally, through the actual case of application of the model for empirical research.Thesis research of urban rail transit project financing risk management in the field of theory innovation has certain reference significance, to decrease the cost of rail transit project financing, improve the financing efficiency has practical significance.