Study On Risk Management Of A Social Housing EPC Project In Venezuela

In recent years,with the continuous advance of construction investment in the nations along " The Silk Road Economic Belt" and " The twenty-first Century Maritime Silk Road "(referred to as The Belt and Road),more and more Chinese construction companies are going overseas and undertaking projects all over the world.Enterprises are paying more and more attention to risk management of overseas projects,and more and more related researches have been done.However,because of the different conditions in different countries and various types of projects,the fineness of the study is far from enough,especially the related research aimed at Latin America.This article studies the risk management of a social housing EPC project in Venezuela,providing a decision basis for the Chinese enterprises that are ready to enter the project construction market of Venezuela,and provides a reference for Chinese enterprises to enter the Latin American market.First of all,this article briefly expounds the research background,purpose,significance and technical route,and reviews the present situation of domestic and foreign risk management,and then systematically discusses the main processes and methods of project management model and project risk management,and elaborates the basic methods of risk identification,risk assessment and risk coping.This article further expounds the situation and characteristics of the EPC project of a social housing in Venezuela,and puts forward specific methods for project risk management research.According to the process of risk investigation,risk statistics,risk assessment and risk control,the risk of the project is identified and analyzed,and risk management measures are formulated.According to the conclusion of the study,in the EPC project of a social housing in Venezuela,design risk,political risk and economic risk are the main risks of the project.The main risks should be strictly managed and monitored to avoid major losses caused by the major risks.The conclusion of the study will provide a powerful guarantee for the normal implementation of the project and provide a strong guarantee for ensuring the success of the project.The research method,research content and the conclusions are of great significance for Chinese enterprises to undertake the engineering project in Latin American area,especially the social housing EPC project in Venezuela.