Case Study On Risk Management Of An Construction Project

With the global social and economic development, the construction projects have shown new features, such as huge quantities, increasing technical difficulties, changing the investment and financing and intense competition in the market, Which has posed a great deal of risks to the implementation of the project. Due to intense competition in market, the construction industry has gradually become low-profit industry. So the management should be refined from the extensive management to the delicacy management. As the profit margins declining, the uncertain factors involved in the projects are increasing, the risk is also becoming more and more, the lost caused by the risk is growing. Then the risk of the project becomes an important factor to determine whether the success or the failure of the project. This has prompted the researchers and the actual managers to pay more attention to the theory and practice of risk management about the projects.The risk management of the project is not only an emerging management science, but also an important branch of project management. The risk management is an indispensable component, which involved in the construction project management. At present, the risk management of the construction project in China still has many problems, such as poor awareness of risk management; lack of appropriate laws, regulations and other systems based; the risk management model backward; incomplete risk management process; the risk management focus on controlling the main post and so on. So the study of risk management of construction projects has been an important practical significance.The article is based on the theory of project management, meanwhile discussing the risk identification, risk analysis and risk response method in the construction progress. And taking the XX campus building program as the researching example to analyze how the risk management as an important role of the construction process,The empirical analysis, the various risk factors of risk in the new campus of the weight determined for the new campus building projects, the most important risk factors is the change in credit policy of the new campus project, and the greatest impact analysis of the response to the new campus construction project risk strategy, finally, the tracking audit control play the important role of project risks.