Risk Analysis of Project Construction under the New Crown Epidemic Situation

Abstract

The aim of this paper is to avoid construction project losses based on the normalized situation of prevention and control new crown epidemic. This paper takes an example of Shu Xiang Garden project in Anhui. An early warning system of epidemic risk based on was constructed and applied to risk analysis. Index system and expert survey were conducted to identify the risk factors and divide them into major risk and general risk. In addition, this paper carried out a special assessment of interpretative structural modelling to directly reflect the influence factors of the cost risk. The results show the overall risk belonging to level III is extremely high risk and risk management is the most critical factor to reduce the cost risk. The paper concludes with recommendations from four aspects of epidemic control, balanced progress, information technology and risk transfer to reduce risk and provides a theoretical basis for epidemic risk management.