Fuzzy net present valuation based on risk assessment of Malaysian infrastructure

Siti Salihah Shaffie, Saiful Hafizah Jaaman @ Sharman, Daud Mohamad

Research output: Chapter in Book/Report/Conference proceedingConference contribution

Abstract

In recent years, built-operate-transfer (BOT) projects have profoundly been accepted under project financing for infrastructure developments in many countries. It requires high financing and involves complex mutual risk. The assessment of the risks is vital to avert huge financial loss. Net present value is widely applied to BOT project where the uncertainties in cash flows are deemed to be deterministic values. This study proposed a fuzzy net present value model taking consideration the assessment of risks from the BOT project. The proposed model is adopted to provide more flexible net present valuation of the project. It is shown and proven that the improved fuzzy cash flow model will provide a valuation that is closed to the real value of the project.

Original languageEnglish
Title of host publication4th International Conference on Mathematical Sciences - Mathematical Sciences
Subtitle of host publicationChampioning the Way in a Problem Based and Data Driven Society, ICMS 2016
PublisherAmerican Institute of Physics Inc.
Volume1830
ISBN (Electronic)9780735414983
DOIs
Publication statusPublished - 27 Apr 2017
Event4th International Conference on Mathematical Sciences - Mathematical Sciences: Championing the Way in a Problem Based and Data Driven Society, ICMS 2016 - Putrajaya, Malaysia
Duration: 15 Nov 201617 Nov 2016

Other

Other4th International Conference on Mathematical Sciences - Mathematical Sciences: Championing the Way in a Problem Based and Data Driven Society, ICMS 2016
CountryMalaysia
CityPutrajaya
Period15/11/1617/11/16

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risk assessment

ASJC Scopus subject areas

  • Physics and Astronomy(all)

Cite this

Shaffie, S. S., Jaaman @ Sharman, S. H., & Mohamad, D. (2017). Fuzzy net present valuation based on risk assessment of Malaysian infrastructure. In 4th International Conference on Mathematical Sciences - Mathematical Sciences: Championing the Way in a Problem Based and Data Driven Society, ICMS 2016 (Vol. 1830). [040005] American Institute of Physics Inc.. https://doi.org/10.1063/1.4980933

Fuzzy net present valuation based on risk assessment of Malaysian infrastructure. / Shaffie, Siti Salihah; Jaaman @ Sharman, Saiful Hafizah; Mohamad, Daud.

4th International Conference on Mathematical Sciences - Mathematical Sciences: Championing the Way in a Problem Based and Data Driven Society, ICMS 2016. Vol. 1830 American Institute of Physics Inc., 2017. 040005.

Research output: Chapter in Book/Report/Conference proceedingConference contribution

Shaffie, SS, Jaaman @ Sharman, SH & Mohamad, D 2017, Fuzzy net present valuation based on risk assessment of Malaysian infrastructure. in 4th International Conference on Mathematical Sciences - Mathematical Sciences: Championing the Way in a Problem Based and Data Driven Society, ICMS 2016. vol. 1830, 040005, American Institute of Physics Inc., 4th International Conference on Mathematical Sciences - Mathematical Sciences: Championing the Way in a Problem Based and Data Driven Society, ICMS 2016, Putrajaya, Malaysia, 15/11/16. https://doi.org/10.1063/1.4980933
Shaffie SS, Jaaman @ Sharman SH, Mohamad D. Fuzzy net present valuation based on risk assessment of Malaysian infrastructure. In 4th International Conference on Mathematical Sciences - Mathematical Sciences: Championing the Way in a Problem Based and Data Driven Society, ICMS 2016. Vol. 1830. American Institute of Physics Inc. 2017. 040005 https://doi.org/10.1063/1.4980933
Shaffie, Siti Salihah ; Jaaman @ Sharman, Saiful Hafizah ; Mohamad, Daud. / Fuzzy net present valuation based on risk assessment of Malaysian infrastructure. 4th International Conference on Mathematical Sciences - Mathematical Sciences: Championing the Way in a Problem Based and Data Driven Society, ICMS 2016. Vol. 1830 American Institute of Physics Inc., 2017.
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