Research On The Financial Risk Management Of International EPC Projects In J Company

With the continuous strengthening of the global economic integration and the further implementation of the "going out" strategy, more and more Chinese enterprises are moving towards the international project contracting market. In recent years, the engineering contract practice shows that the owners pay more and more attention to the comprehensive service ability of the contractor, and the design, procurement and construction general contracting model, that is,the EPC general contracting model, with its unique advantages in the international project contracting market. EPC general contracting project generally has a large amount, long construction cycle, high technology content, in the case can bring huge profits for the enterprise,there are significant financial risks, some of the financial risks have not been controlled to bring huge losses to the project contracting enterprises, there are many cases of failure can explain the problem. In order to ensure the healthy development of the international EPC project and the stability of the financial situation, strengthen the international EPC project financial risk management, control the EPC project financial risk is particularly important.In this paper, J company as the object, the study of the international EPC project financial risk identification, financial risk assessment and other issues, based on the analysis of the current international EPC project financial risk management in the international J project on the basis of the corresponding strategies to solve the problem.The main contribution of this paper is: the method of comprehensive use of literature review,theoretical analysis and case study, step-by-step introduction to financial risk management and the importance in the international EPC project process method, reflects the combination of theory and practice; research will focus on EPC project implementation process of how to make full use of financial management knowledge the financial risk control project, it has certain reference for EPC project contracting enterprises to raise awareness, improve the project financial risk management EPC project management level, so as to provide a more broad and comprehensive way for the financial management of the project, but also for the engineering management and financial management combined with the research provides a reference paradigm.