The PPP Project Risk Management Research

With economic development having been "new normal" in China, rate of economic development in China is gradually slowing. Infrastructure and public facilities, taking public investment as the main sources, are not far from satisfaction to the need of economic development, the financial pressure is exerted on government while private capital is abundant, which need to find new spending. In order to solve the problem of fund shortage in infrastructure, as a new model of management, PPP model plays an important role in the infrastructure construction.On the one hand, it is found that PPP model can alleviate enormous financial pressure coming from infrastructure and public facilities construction, utilizing social capital to introduce advanced production technology from private enterprises and efficient management experience to improve the level of management; On the other hand, the private enterprises can obtain reasonable profits by investing projects. Therefore, PPP is a kind of economic behavior in nature, which make government and private enterprises reach a balance between social and economic interests, however, PPP has not developed maturely in China, there are still so many problems needed to solve. Regardless of government or public enterprises exited serious problems in risk management of project, for example, lack of scientific theoretical guidance, inadequate policy support, the laws and regulation system are imperfect. This paper, from the perspective of private enterprise, studying risk management of PPP project, and points out problems that public enterprises have.This paper analyzes and summarizes risk management theory of projects, establishes PPP project risk management systems and processes of three-dimensional model of risk management according to the characteristics of the PPP project, proposing risk-warning mechanism and countermeasures of risk, so as to set a methodological system of risk management, and By using the theory of risk identification related to identify the risk of project, the main use of the Delphi method and expert consultation, comes to final lists of risk. Using the evaluation model of matter-element assessment method and analytic hierarchy process, in this paper, selecting risk factors of most significant. Based on the theory of risk coping strategies given coping strategies for risk cases. This paper puts forward suggestions and countermeasures for the risk management of private enterprises in the process of participating of PPP project.The purpose of writing this article is to through the theoretical research on the concept and characteristics of PPP have a deeper grasp, through a case study of improve the level of the PPP project risk management, and give the suggestion and countermeasures for the PPP project risk management.