V Company Compressor Project Risk Management

With continues developing of China economic, China Automotive industry isbecoming the biggest automotive market of the world. Vehicle OEMs andautomotive components companies are facing opportunity, at the same time they arefacing big challenge and pressure like energy consuming, environment protectionand city traffic. If companies would like to keep advantage in the difficultcompetition at the so complicated situation, most important thing is perfect projectmanagement process and risk management, besides making correct technologystrategy and market strategy.This thesis introduced structured development process and project organizationof V company compressor project. And it focuses on risk management of productand process validation phase, V company compressor project background andpotential project risk in automotive component company. It Indentifies and evaluatesphase3risk on economic cost aspect, project planning aspect, technology aspect andsupplier aspect. You could understand how foreign automotive component companyimplement project risk management tool ARGP(project General Risk Analysis) byactual example. And analysis these four major aspects risks of the phase, definesshort term and long term countermeasure for each analysis factor. Finally, itintroduced project risk control which is most important activity in projectimplementation phase。Feedback need to be done when the situation changes, anddoing risk identification, evaluation, analysis and countermeasure again accordingthe impact for project. Expatiating in detail project phase0risk management whichis one of the most important risk management process, explaining in detail for visible management which is one of the most effective method to improve projectrisk management effectiveness. Improving employee training and encourage takes acritical role of project risk management improvement, it studies and analysis thespecific method that how to assess competence of employee and training to them,and how to encourage people.This thesis combines the scientific project management and risk managementmethod with the practical application, explores automotive components projects riskmanagement method, it has reference value for other projects risk management ofsame industry.