scholarly journals Study on schedule risk assessment of power transmission and transformation project based on improved risk chain

Author(s):  
Qin Liu ◽  
Chen Yin ◽  
Bingqian Chen
2012 ◽  
Vol 433-440 ◽  
pp. 2687-2693 ◽  
Author(s):  
Dong Tao Wang ◽  
Yi Xin Yu

The paper presents a framework of security region based dynamic security risk assessment of power transmission system. The application of practical dynamic security region (PDSR) in dynamic security risk assessment and the calculation steps of the dynamic security risk assessment are given in this paper. A model of risk assessment optimization which takes account of optimizing preventive and emergency control cost and contingency set decomposition is introduced. The effectiveness of this model has been proved by test results on the New England 10-generator 39-bus system.


2014 ◽  
Vol 2014 ◽  
pp. 1-10 ◽  
Author(s):  
Zhe Xu ◽  
Jing Yu ◽  
Hongbo Li

The vast majority of the research efforts in project risk management tend to assess cost risk and schedule risk independently. However, project cost and time are related in reality and the relationship between them should be analyzed directly. We propose an integrated cost and schedule risk assessment model for complex product systems R&D projects. Graphical evaluation review technique (GERT), Monte Carlo simulation, and probability distribution theory are utilized to establish the model. In addition, statistical analysis and regression analysis techniques are employed to analyze simulation outputs. Finally, a complex product systems R&D project as an example is modeled by the proposed approach and the simulation outputs are analyzed to illustrate the effectiveness of the risk assessment model. It seems that integrating cost and schedule risk assessment can provide more reliable risk estimation results.


2021 ◽  
Vol 13 (14) ◽  
pp. 7830
Author(s):  
Min-Yuan Cheng ◽  
Mohammadzen Hasan Darsa

Construction project schedule delay is a worldwide concern and especially severe in the Ethiopian construction industry. This study developed a Construction Schedule Risk Assessment Model (CSRAM) and a management strategy for foreign general contractors (FGCs). 94 construction projects with schedule delay were collected and a questionnaire survey of 75 domain experts was conducted to systematically select 22 risk factors. In CSRAM, the artificial neural network (ANN) inference model was developed to predict the project schedule delay. Integrating it with the Garson algorithm (GA), the relative weights of risk factors with rankings were calculated and identified. For comparison, the Relative Importance Index (RII) method was also applied to rank the risk factors. Management strategies were developed to improve the three highest-ranked factors identified using the GA (change order, corruption/bribery, and delay in payment), and the RII (poor resource management, corruption/bribery, and delay in material delivery). Moreover, the improvement results were used as inputs for the trained ANN to conduct a sensitivity analysis. The findings of this study indicate that improvements in the factors that considerably affect the construction schedule can significantly reduce construction schedule delays. This study acts as an important reference for FGCs who plan to enter or work in the Ethiopian construction industry.


Sign in / Sign up

Export Citation Format

Share Document