Study on Project Risk Management in China
LI Feng-sheng, Li Wen, Yingxue Li, Yu Niu
Abstract
LI Feng-sheng, Li Wen, Yingxue Li, Yu Niu
Abstract
In project selection, analysis and implementation of the entire process, internal and external interference factors, such as project risks, can not be predicted. If unchecked, the impact of risk will expand, and even cause the interruption of the whole project. With more large scales and more fast speeds of construction projections, much more risks are fronted by construction companies. It is necessary to study on project risk management in China. Firstly, it introduced the definition and classification of risk, and described the project risk management research both at home and abroad. Secondly, it analyzed the problems existing in current project risk management in China. Finally, it put forward the corresponding solutions.
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In project selection, analysis and implementation of the entire process, internal and external interference factors, such as project risks, can not be predicted. If unchecked, the impact of risk will expand, and even cause the interruption of the whole project. With more large scales and more fast speeds of construction projections, much more risks are fronted by construction companies. It is necessary to study on project risk management in China. Firstly, it introduced the definition and classification of risk, and described the project risk management research both at home and abroad. Secondly, it analyzed the problems existing in current project risk management in China. Finally, it put forward the corresponding solutions.
Key concepts: Project risk management, Risk management, Risk analysis (engineering), Project management, Risk management plan, China, Process (computing), Risk management framework