Presently, road and traffic control construction on most university campuses cannot keep up with the growth of the universities. Campus roads are not very wide, crossings do not have lights, and there are no full-time traffic management personnel. Teachers and students are prone to forming a peak flow of people when going to and from classes. This has led to a constant stream of traffic accidents. It is critical to conduct a comprehensive analysis of this issue by utilizing voluminous data pertaining to school traffic incidents in order to safeguard the lives of faculty and students. In the case of domestic universities, fewer studies have studied knowledge graph construction methods for traffic safety incidents. In event knowledge graph construction, the reasonable release and recycling of computational resources are inefficient, and existing entity–relationship joint extraction methods are unable to deal with ternary overlapping and entity boundary ambiguity problems in relationship extraction. In response to the above problems, this paper proposes a knowledge graph construction method for university on-campus traffic safety events with improved dynamic resource scheduling algorithms and multi-layer semantic graph convolutional neural networks. The experiment’s results show that the proposed dynamic computational resource scheduling method increases GPU and CPU use by 25% and 9%. On the public dataset, the proposed data extraction model’s F1 scores for event triples increase by 1.3% on the NYT dataset and by 0.4% on the WebNLG dataset. This method can help the relevant university personnel in dealing with unexpected traffic incidents and reduce the impact on public opinion.