When managing a university, the principal or administrators always encounter internal and external risk items or difficulties which they know even they don't know. This study therefore proposes an analytic hierarchy model to help the private university in Taiwan understand the critical risk factors influence the school management, and an aggregative risk degree is indicated. The importance weights of risk factors and occurrence ratings of two possible outcomes (risk and none-risk) are determined by using consistent fuzzy preference relations. By multiplying the importance weights of risk factors and occurrence ratings of possible outcomes, the aggregative risk degree of a private university is determined. University A is used to demonstrate the measuring procedures of this proposed approach. The results show that the five most important risk factors in managing the private university in Taiwan are: leadership and organization structure risk, development and plan risk, financial risk, environment and equipment risk, teaching and curriculum risk.
['Tsung-Han Chang', 'Shu-Chen Hsu']
Measuring the aggregative risk degree of Taiwanese private university by consistent fuzzy preference relations