Abstract
High-tech projects have high risks involving wide range of links, high expense of investment, long period of development and production cycle, complicated operation system, etc. When evaluating the project's risk, a separate gray method or fuzzy theory model is not comprehensive, it should combine the gray method with the fuzzy evaluation model. From the fuzzy evaluation and gray evaluation method the gray clustering statistic could be obtained by use of grey cluster theory. It is necessary to construct fuzzy membership matrix of risk and establish a fuzzy and gray comprehensive evaluation method, and adequately adopt expert's evaluation information of the fuzziness and grayness. Finally, using concrete empirical analysis in aviation armament project risk assessment, the feasibility and the correctness of the model are verified.
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