Small Or Medium Vs Expansion Or Reforming Projects Of CAOBT Chemical

After years of research and development, project risk management has become more mature, and widely used in project management all over the whole world. Many large-scale projects (especially some large construction projects), in its management process, have carried out risk management. For the purpose of development, like expansion of production capacity, technological innovation, elimination of obsolete facilities, or to comply with the requirements of the new laws and regulations, environmental protection, energy saving, many Chemical companies set up various projects. But the reality is that the study of such kind of project risk management is rare and leads to kinds of deviations occurred during the conducting process.The article will study the risk management of ’the small or medium vs expansion or reforming projects’ according to risk identification, qualitative&quantitative risk management and the methods of dealing with the risks. Then the article will take Cabot Chemical as its studying object, take the basic project risk management theory as it base, trying to find out an efficient process of risk management for these kind of project, as well as trying to find out a solution of dealing with the issues which occurred during conducting the project for Cabot Chemical. Hoping that it would appeal the attention of this industry to put their emphasis on the risk management of small or medium vs expansion or reforming projects...