Research On Contract Risk Management Of Sinopec H Company

The economic exchange of modern enterprises is mainly carried out through the form of contract,which is not only the source of profits,but also the source of risks.Contract management should not only protect the realization of our legitimate interests,but also prevent the occurrence of contract disputes,which is one of the central contents of the legal work of enterprises.Contract management covers all aspects of choosing partners,negotiation,signing,fulfillment and ending.Contract risk also runs through all aspects of contract management.Whether the contract risk management is standardized and scientific is one of the standards to measure the level of enterprise management.The perfection degree of contract risk management can fully reflect the real management level of the enterprise.Therefore,the establishment of a scientific and standardized contract risk management system is of vital importance to enterprises.Sinopec H Company is a provincial oil sales branch affiliated with Sinopec Sales Co.,Ltd.Its market trading frequency is high.The unique high-risk characteristics determine the importance of contract risk management in safeguarding the interests of its own enterprises.Based on the introduction of the contract risk management of H company,this paper makes an in-depth analysis of the problems and causes of contract risk management through literature research method,case analysis method and questionnaire method,and puts forward the construction of a set of scientific contract risk management system.The objectives and principles of the construction are expounded.The contract risk management system framework is designed from three aspects of contract risk management institution,contract risk management process and contract risk management content.The specific contents of contract risk management content are divided into contract management risk and contract legal risk.The risk recognition,assessment,prevention and control design are carried out respectively.The design of risk prevention and control of contract management includes five aspects of organizational structure,human resources,management system,business process and information system.The design of contract legal risk prevention and control includes four aspects of contract preparation stage,contract formation stage,contract fulfillment stage and contract termination stage.Finally,the implementation of H company contract risk management system safeguard measures are put forward from five aspects,which ensures that the management system is promoted and implemented effectively.This study helps to understand the problems of H company contract risk management clearly.A systematic construction plan is provided for H company contract risk management system,which provides useful guidance and reference of improving the ability of H company contract risk management,and ensuring healthy development according to law compliance of H company.Moreover,it is hoped that through the research of this paper,it can provide some reference for the construction of contract risk management system in other petroleum and petrochemical companies.