Study On Financial Risk Management Of EPC Project Of New Road Network In Yang Ping Carving Town

With rapidly developing of the China’s economic construction,a growing number of construction projects appear.The construction industry is the pillar industry of China’s national economy,which is related to the well-being of ordinary people.The proposal of China’s "the belt and road initiative" has promoted the regional economic cooperation between China and other countries,which has further accelerated the international development of China’s construction industry.Whether at home or internationally,when choosing contractors,the owners of engineering projects not only require the contractors’ own technical capabilities,but also pay more and more attention to the comprehensive capabilities of contractors,especially the development of their management modes.According to the needs of external environment development,the application of EPC general contracting mode in practical projects is increasing.The implementation of the project is more difficult than ordinary projects and faces huge financial risks.So,enterprises need to identify the financial risks faced by EPC projects timely.Enterprises should also improve the ability to prevent and deal with financial risks of projects.This is of positive significance to the development of enterprises.If enterprises want to develop healthy and sustainable,they must enhance their ability to deal with financial risks,formulate internal management systems,identify financial risks in time,formulate measures for the identified influencing factors,and strengthen the prevention of unknown financial risk influencing factors.Taking the new road network EPC project of Yangping carving town as the research object,this thesis identifies the financial risk factors of the new road network EPC project of Yangping carving town on the basis of the document research method and Delphi method for the four process bidding stage,designing and procurement stage,construction stage and completion settlement stage of the project implementation,and classifies and summarizes the financial risks according to the corresponding stages.Acquire the regular financial risk detailed list of the project.After that,making use of the entropy weight method and the fuzzy comprehensive evaluation method,calculate and rank the weight of the financial risk factors of the project,evaluate the identified risk factors,find out the influential financial risk factors,estimate and collect the evaluation results,and reach the whole financial risk of the project.Finally,targeted control measures are proposed for the financial risk factors.It has a prodigious impact for the project,and it not only provides scientific decision making and reducing to practice for the scientific decision-making and reasonable risk control of the project,but also provides reference and reference for the financial risk management of similar EPC projects.