The Risk Control Research Of Central Enterprise To Contract The Mid-East Project

Project risk management is an important part of international project management. In China, relative theory research had been studying with advance and Innovation. International engineering contraction, target on project construction, is an integrated technique&economy communication and business activity with multi-national characteristics, which has high risks. The Middle East market in China is a large central enterprises corresponding to the SASAC "reach out" strategy, and actively explore foreign market of engineering construction of the main battlefield. Over the years, more than40overseas engineering business of central enterprises in the market a distinguished but also accumulated a variety of experiences and lessons. From the perspective of Chinese contractor, this essay integrate practical cases form big international central enterprises, and summary sorts of risks that might be involved in international EPC contracting, such as the owner/agent/competitor, contract risk, performance&guarantee risks, sub-contractors risks and contracting risks. This essay also illuminates these risks one by one while analyses correspond measures.This essay is less concern natural, political, economic and social risks during the market researching before sign, while concern risks and management measure that might be come across at each link during operating period of project managing. The essay collect ample real&vivid cases, to study the symptom, influence and control measures of all sorts of risks during the whole project performance.Finally, according to different countries, by using knowledge of risk management, the essay analyses international project risks and propose the point that establish network risk prewaming and managing system, so as to search the efficient method of risk management in international EPC projects; to remind the involved enterprise to be alert against such affairs when get in touch with international EPC projects; and to remind the decision makers of Chinese enterprises to avoid huge economic loss. The points above-mentioned can be considered as some benefits of the essay.