Risk Assessment of Funding for Projects in Power Research Institute

Yingcui Chen (), Wangyuan Xie (), Sijia Lao () and Ye Yan ()
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Yingcui Chen: China Electric Power Research Institute, High Voltage Research Laboratory
Wangyuan Xie: China Electric Power Research Institute, High Voltage Research Laboratory
Sijia Lao: China Electric Power Research Institute, High Voltage Research Laboratory
Ye Yan: China Electric Power Research Institute, High Voltage Research Laboratory

A chapter in Proceedings of the 2023 4th International Conference on Management Science and Engineering Management (ICMSEM 2023), 2024, pp 1341-1350 from Springer

Abstract: Abstract China’s electricity industry is a huge market and its market size is constantly increasing. Demand for technological development of power network companies is steadily increasing. In recent years, the average scientific research funds of the electric power enterprise has already reached hundred billions. With the increase in investment in scientific research and development, demand for science and technology administration funds and efficient administration is becoming more and more sharp. The purpose of this study is to analyze the characteristics of technology project administration of electric power companies. Then, the index system was constructed. The risk rating was given for each execution risk phase. Meanwhile, the risk rating of the manage points were counted. This article applies the PDCA method to solve the funding administration problem of power projects. The project describes funding adjustments and project execution through information. The purpose of this research is to enhance the risk controlling of R&D project, and provide reference for the typical application examples of funding administration in scientific project administration.

Keywords: Research and development project; funding administration; PDCA; risk administration (search for similar items in EconPapers)
Date: 2024
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DOI: 10.2991/978-94-6463-256-9_136

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