Risk Management And Analysis Of The Typical Projects Of The Qinsheng Headquarters Of China Railway Wuju Group

This article, starting from the pervading project management and the characteristics of constructing, put forth the topic how to avoid the uncertainty of a project and how to ensure the project's successful completion and how to manage the risks effectively.At the beginning, it introduces the background about China Railway WujuGroup and the Qinsheng Headquarters of China Railway Wuju Group, and thethings about Qinsheng Passenger-Transport Railway and the two typical projects:the project of spanning girders and the project of replacing the Shen-Pan road, and gives the reason why the two projects are chosen.Next, the development of project management and risk management are listed, and the concepts, characteristics and main contents of project management and risk management are presented, followed by a discussion of the relationships between project management and risk management. Then, it analyses the facts of project management and risk management of China Railway Wuju Group and the current problems of risk management and of China Railway Wuju Group are discussed.The third chapter dissertates the methods of risk management and particularlyanalyses the risk management process of the spanning girders project of theQinsheng Headquarters of China Railway Wuju Group. Firstly, it introduces theprocess of importing the spanning girders machine. After that, different methods arerecommended to identify the risks of the project and methods to measure and tot evaluate the risks and methods to set down the measures to reply risks.., The third chapter focuses on how to measure and to evaluate the risks. Itelaborates how to guesstimate the probability that the risk will occur and how to- evaluate the risks. The method how to unify different kinds of expense of risk intoi economic expense and how to evaluate the risks by the method of Direct EconomicEvaluate is brought forward, and it is used in the identifying and evaluating the risksof the spanning girders project. This is the theoretical innovation of the thesis.Chapter four analyses the process of risk management of the project of replacing the Shen-Pan road, and the reasons why it is not success. Then some suggestions are given on how to manage risks effectively.Finally, it summarizes the main achievements of the whole thesis.