Research On The Risk Management Of EPC Project In XBY Power Plant

The EPC mode is the main management of big power plant building project,it has many advantages such as rational controlling of construction period,cutting costs,raising revenue.However,the big power plant building project has grew more points like long construction period,more participants and staffs,high demandingness of quality and security controls.These increased the risks of big energy construction project.In addition,the main risk of the project transfers to the general contractor.Therefore,the general contractor will suffer huge losses if we don’t take scientific research of risk management and control.That will directly affect the project could not be reached the goal of optimizing the cost,income,quality and timescale.As the general contracting of a large energy construction project,the risk management of existing EPC project in power plant has mangy problems,including the lack of risk identification,low reliability,unreasonable choice of the risk control measures,weak risk management information communication and so on.These problems have led high project cost expenditure,long time limit for a project,which would direct impact on the optimization goal of the cost,yield,quality,time limit for a project.However,the optimization of the “cost,profit,quality,schedule” is the key to ensure XBY to obtain EPC business plate competition advantage,continued access to the industry a good reputation and win opportunity engineering in domestic.It is also the key strategic to achieve the goal of “ domestic bench-marking enterprise ”for XBY.This essay is based on the basic theory of risk management and the comprehensive risk management theory,and combined with many ways like brain storming,risk metrics,risk retention,risk transfer etc.It is attempting to construct a applicable risk management mode to perfect the construction of risk management system,which includes the construction of risk management culture,risk management organization system,risk management information system etc.Finally,it can solve the problems of lower risk identification reliability,unreasonable risk control measures and so on in the EPC risk management of XBY power plant.