Hydropower Projects Risk Assessment and Raking Using Combined SWARA-TOPSIS and FINE-KINNEY Methods

Chinese international contracting projects in the African market must effectively address the related risks in order to deliver the projects within the given time and costs due to high uncertainty. The purpose of this paper is to assess the risk factors and categories which are crucial to Chinese hydro-power projects in Cameroon and rank them according to their effect on project success. Based on previous literature and experienced decision makers, 21 risk factors grouped in four risk categories were identified. Based on three hydropower projects undertaken and seven expert’s opinion, combined methods of FINE KINNEY and SWARA-TOPSIS were used for risk ranking. The results show that the top-ranked risk categories are social and environment risks. Social acceptance by local population is regarded to be the most important risk factor, whereas constraints with environment issues are the lowest ranked risk factor. Short recommendations are thrown for a risk response plan and road map for future contractors.