Study On Risk Management And Claims Of Construction Contract

With the development of our socialist market economy and the growing of construction projects' scale, the environment of the project is becoming more and more complicated, and meanwhile the risk factors during the course of implementation of the contract. Contract negotiations and signing makes clear the responsibility of risk-sharing to the two sides firstly. While, the various construction claims happened in the process of fulfilling the contract are the reasonable risk-sharing again to the both sides of the contract. The construction claims management is one of the most important part in construction contract managementConnecting theory with reality, this article gives particulars of the construction contracts and contract risk management in two levels of theory and practice, then it introduces the theory of claim through the discussion to claim's important role in the contract risk management. Also it brings up the practical solutions to the deficiencies appearing in the contract risk management and claim combining with practical experience.Communicating and co-operation with Jia'an company, we applys the main methods discussed in this article to the project management successfully. All staffs in this company have recognized the importance of contract management, greatly enhanced the awareness of Risk and claim and received obvious economic benefits.