Water Saving Management Contract, identification and ranking of risks based on life cycle and best-worst method

Water Saving Management Contract, identification and ranking of risks based on life cycle and best-worst method
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节水管理合同,基于生命周期和最佳最差法的风险识别和排序

DOI:
10.1016/j.jclepro.2021.127153
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发表时间:
2021-04-30
影响因子:
11.1
通讯作者:
Wang, Xiaosheng
Wang, Xiaosheng
中科院分区:
环境科学与生态学1区
文献类型:
--
作者:
Ma, Weimin;Li, Xiaona;Wang, Xiaosheng

文献摘要

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Water Saving Management Contract (WSMC) is a new market-oriented mechanism established for sharing benefits from water conservation of clients. It is supported by cooperation between government and nongovernmental capital, and implemented by water saving service company (WSSC). Being at the exploratory stage, the WSMC industry in China is faced with many risks that restrict its development seriously. In order to help figure out the most significant risks, this paper develops integrated evaluation and prioritization of risk categories and risk factors. First, the WSMC project process is divided into five stages based on life cycle theory. Then, a risk set which contains 29 factors in 12 categories is summarized. Subsequently, to determine the weights of each stage and each factor, a pairwise comparison based best-worst method (BWM) is adopted, in which the preference vectors are obtained by an expert panel with extensive industry expertise. Furthermore, the global weights are applied to ranking and prioritization of all the risks. Results show that contract risk mainly caused by contract negotiation and signing is regarded to have a highest influence on project success. However, water saving effect evaluation risk ranks the lowest. Finally, risk mitigation strategies and policies for stakeholders, main contributions, limitations of current study and further research topics are described. (c) 2021 Elsevier Ltd. All rights reserved.