The Risk Mangement For Implementation Phase Of Large Or Medium Real Estate Project

As one of the important subjects of project management, project risk management originated the First World War, and now it has been becoming more and more systematic and professional. In China the systematic project risk management framework was developed by the end of last century, but the practical application of project risk management still needs further improvement.With above background, this thesis focused on the medium or large real estate project, research project character, project management, typical Chinese construction project process, risk management, and project risk management.The first chapter briefed the current international and domestic study status of the subject, thesis purpose, and thesis scope, which are risk and its countermeasures research for the implementation phase of medium or large real estate project. The second chapter briefed the concept and character of real estate project, risk of project, and project risk management, which is the theoretical foundation of further risk management study for the implementation phase of medium or large real estate project.Chapter 3, 4 and 5 are the project risk management practice on the implementation phase of medium or large real estate project. Chapter 3 is for project engineering risk management, which introduced the concept, purpose, and principle of project engineering at the beginning, and then analyzed the engineering objective, including schedule, cost, and quality, at last it identified and analyzed the project engineering risks and provided design change procedure and design company selection procedure as the risk response. Chapter 4 detailed the concept, principle, objective and key roles of project procurement, identified and assessed the project procurement risk, and also provided contractor selection procedure, vendor selection procedure, examples of procurement plans to response and monitor project risk. Chapter 5 firstly introduced the construction concept, character, process and project construction objectives, including quality objective, schedule objective, cost objective, and safety objective, and then identified and assessed construction quality risk, schedule risk, cost risk and safety risk,The postscript of this thesis briefed the dynamic project risk management concept, restriction and limitation of this thesis, and opportunities for further research.Totally there are 14 appendixes attached after the thesis. These appendixes could be used as guidance and reference of risk management for real estate project. They are provided to be very useful in term of risk management for real estate project implementation phases.