Research on Risk Assessment of Power Grid Enterprise Asset Management Based on the Life Cycle Cost Management Theory

Niu Dongxiao; Ma Bin

doi:doi:10.11648/j.ijafrm.20180304.11

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Research on Risk Assessment of Power Grid Enterprise Asset Management Based on the Life Cycle Cost Management Theory

Niu Dongxiao, Ma Bin

Published in International Journal of Accounting, Finance and Risk Management (Volume 3, Issue 4)

Received: 16 October 2018 Accepted: 11 December 2018 Published: 14 January 2019

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Abstract

Based on the asset life cycle theory, this paper starts from the long-term economic benefits of the power company on the premise of ensuring the safety performance of the power grid. Through the construction of the risk indicator system, from the aspects of planning and planning process, procurement and construction process, operation and maintenance process, analyze the risk sources in a series of technical and economic measures in the organization, and divide the risk level of each part to help managers prepare for prevention more effectively, change or avoid technical risks. Finally, the asset management risk assessment model based on the matter-element expansion theory is used to empirically analyze the asset management risk of grid companies.

Published in	International Journal of Accounting, Finance and Risk Management (Volume 3, Issue 4)
DOI	10.11648/j.ijafrm.20180304.11
Page(s)	21-34
Creative Commons	This is an Open Access article, distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution and reproduction in any medium or format, provided the original work is properly cited.
Copyright	Copyright © The Author(s), 2019. Published by Science Publishing Group

Keywords

Asset Life Cycle Theory, Power Grid, Risk Assessment Model, Asset Management

References

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[8]	Wang Haibing, Fan Mingyuan, Wang Chengmin, Xie Ning, Zhang Zuping. Research on Risk Assessment and Asset Management of No. 1 Distribution Network [J]. Supply and Electricity, 2016, 33 (05): 32-37.
[9]	Wang Haisu, Wen Hao, Zhang Shiru. The Identification of Asset Assessment’s Risks and the Prevention System [J]. Appraisal Journal of China, 2002 (6).
[10]	Wang Xiudong, Tu Shuzhen, Zhao Banghong. Risks Prevention and Control of Assets Assessment [J]. Journal of Hebei Agricultural University, 2002 (1).
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APA Style

Niu Dongxiao, Ma Bin. (2019). Research on Risk Assessment of Power Grid Enterprise Asset Management Based on the Life Cycle Cost Management Theory. International Journal of Accounting, Finance and Risk Management, 3(4), 21-34. https://doi.org/10.11648/j.ijafrm.20180304.11

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ACS Style

Niu Dongxiao; Ma Bin. Research on Risk Assessment of Power Grid Enterprise Asset Management Based on the Life Cycle Cost Management Theory. Int. J. Account. Finance Risk Manag. 2019, 3(4), 21-34. doi: 10.11648/j.ijafrm.20180304.11

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AMA Style

Niu Dongxiao, Ma Bin. Research on Risk Assessment of Power Grid Enterprise Asset Management Based on the Life Cycle Cost Management Theory. Int J Account Finance Risk Manag. 2019;3(4):21-34. doi: 10.11648/j.ijafrm.20180304.11

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@article{10.11648/j.ijafrm.20180304.11,
  author = {Niu Dongxiao and Ma Bin},
  title = {Research on Risk Assessment of Power Grid Enterprise Asset Management Based on the Life Cycle Cost Management Theory},
  journal = {International Journal of Accounting, Finance and Risk Management},
  volume = {3},
  number = {4},
  pages = {21-34},
  doi = {10.11648/j.ijafrm.20180304.11},
  url = {https://doi.org/10.11648/j.ijafrm.20180304.11},
  eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.ijafrm.20180304.11},
  abstract = {Based on the asset life cycle theory, this paper starts from the long-term economic benefits of the power company on the premise of ensuring the safety performance of the power grid. Through the construction of the risk indicator system, from the aspects of planning and planning process, procurement and construction process, operation and maintenance process, analyze the risk sources in a series of technical and economic measures in the organization, and divide the risk level of each part to help managers prepare for prevention more effectively, change or avoid technical risks. Finally, the asset management risk assessment model based on the matter-element expansion theory is used to empirically analyze the asset management risk of grid companies.},
 year = {2019}
}

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TY  - JOUR
T1  - Research on Risk Assessment of Power Grid Enterprise Asset Management Based on the Life Cycle Cost Management Theory
AU  - Niu Dongxiao
AU  - Ma Bin
Y1  - 2019/01/14
PY  - 2019
N1  - https://doi.org/10.11648/j.ijafrm.20180304.11
DO  - 10.11648/j.ijafrm.20180304.11
T2  - International Journal of Accounting, Finance and Risk Management
JF  - International Journal of Accounting, Finance and Risk Management
JO  - International Journal of Accounting, Finance and Risk Management
SP  - 21
EP  - 34
PB  - Science Publishing Group
SN  - 2578-9376
UR  - https://doi.org/10.11648/j.ijafrm.20180304.11
AB  - Based on the asset life cycle theory, this paper starts from the long-term economic benefits of the power company on the premise of ensuring the safety performance of the power grid. Through the construction of the risk indicator system, from the aspects of planning and planning process, procurement and construction process, operation and maintenance process, analyze the risk sources in a series of technical and economic measures in the organization, and divide the risk level of each part to help managers prepare for prevention more effectively, change or avoid technical risks. Finally, the asset management risk assessment model based on the matter-element expansion theory is used to empirically analyze the asset management risk of grid companies.
VL  - 3
IS  - 4
ER  -

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Author Information

Niu Dongxiao

School of Economics and Administration, North China Electric Power University, Beijing, China
Ma Bin

School of Economics and Administration, North China Electric Power University, Beijing, China

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APA Style

Niu Dongxiao, Ma Bin. (2019). Research on Risk Assessment of Power Grid Enterprise Asset Management Based on the Life Cycle Cost Management Theory. International Journal of Accounting, Finance and Risk Management, 3(4), 21-34. https://doi.org/10.11648/j.ijafrm.20180304.11

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ACS Style

Niu Dongxiao; Ma Bin. Research on Risk Assessment of Power Grid Enterprise Asset Management Based on the Life Cycle Cost Management Theory. Int. J. Account. Finance Risk Manag. 2019, 3(4), 21-34. doi: 10.11648/j.ijafrm.20180304.11

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AMA Style

Niu Dongxiao, Ma Bin. Research on Risk Assessment of Power Grid Enterprise Asset Management Based on the Life Cycle Cost Management Theory. Int J Account Finance Risk Manag. 2019;3(4):21-34. doi: 10.11648/j.ijafrm.20180304.11

Copy | Download

@article{10.11648/j.ijafrm.20180304.11,
  author = {Niu Dongxiao and Ma Bin},
  title = {Research on Risk Assessment of Power Grid Enterprise Asset Management Based on the Life Cycle Cost Management Theory},
  journal = {International Journal of Accounting, Finance and Risk Management},
  volume = {3},
  number = {4},
  pages = {21-34},
  doi = {10.11648/j.ijafrm.20180304.11},
  url = {https://doi.org/10.11648/j.ijafrm.20180304.11},
  eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.ijafrm.20180304.11},
  abstract = {Based on the asset life cycle theory, this paper starts from the long-term economic benefits of the power company on the premise of ensuring the safety performance of the power grid. Through the construction of the risk indicator system, from the aspects of planning and planning process, procurement and construction process, operation and maintenance process, analyze the risk sources in a series of technical and economic measures in the organization, and divide the risk level of each part to help managers prepare for prevention more effectively, change or avoid technical risks. Finally, the asset management risk assessment model based on the matter-element expansion theory is used to empirically analyze the asset management risk of grid companies.},
 year = {2019}
}

Copy | Download

TY  - JOUR
T1  - Research on Risk Assessment of Power Grid Enterprise Asset Management Based on the Life Cycle Cost Management Theory
AU  - Niu Dongxiao
AU  - Ma Bin
Y1  - 2019/01/14
PY  - 2019
N1  - https://doi.org/10.11648/j.ijafrm.20180304.11
DO  - 10.11648/j.ijafrm.20180304.11
T2  - International Journal of Accounting, Finance and Risk Management
JF  - International Journal of Accounting, Finance and Risk Management
JO  - International Journal of Accounting, Finance and Risk Management
SP  - 21
EP  - 34
PB  - Science Publishing Group
SN  - 2578-9376
UR  - https://doi.org/10.11648/j.ijafrm.20180304.11
AB  - Based on the asset life cycle theory, this paper starts from the long-term economic benefits of the power company on the premise of ensuring the safety performance of the power grid. Through the construction of the risk indicator system, from the aspects of planning and planning process, procurement and construction process, operation and maintenance process, analyze the risk sources in a series of technical and economic measures in the organization, and divide the risk level of each part to help managers prepare for prevention more effectively, change or avoid technical risks. Finally, the asset management risk assessment model based on the matter-element expansion theory is used to empirically analyze the asset management risk of grid companies.
VL  - 3
IS  - 4
ER  -

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