Analysis of Causes and Precaution Measures of Arrears in Project Payment
Yin Qingwe
Abstract
Yin Qingwe
Abstract
The arrears in project payment has become a social problem effecting the construction enterprises and it is difficult to solve thoroughly in a short time. As the construction unit, in addition to normal project payment collection, the prevention consciousness by construction enterprises themselves should be strengthened. Based on the practical management experience, this paper analyses the causes of arrears in project payment and puts forward some corresponding countermeasures.
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The arrears in project payment has become a social problem effecting the construction enterprises and it is difficult to solve thoroughly in a short time. As the construction unit, in addition to normal project payment collection, the prevention consciousness by construction enterprises themselves should be strengthened. Based on the practical management experience, this paper analyses the causes of arrears in project payment and puts forward some corresponding countermeasures.
Key concepts: Arrears, Payment, Business, Finance, Actuarial science, Project management, Unit (ring theory), Countermeasure