DocumentCode :
3038174
Title :
Simple Analysis on the Function of Risk Management in Construction Enterprises Development
Author :
Mingqiang, Zhu
Author_Institution :
Dept. of Civil Eng., Wuhan Polytech. Univ., Wuhan, China
fYear :
2009
fDate :
24-26 July 2009
Firstpage :
419
Lastpage :
422
Abstract :
With rapid economic development and the progressively more intense competition, construction industries are facing the constant change, and these will bring risk to the enterprise development. Risk management is needed in the manufacturing course and has become the indispensable part of the national lash-up system. Based on the analysis of risk management situation of construction firms, the connotations of risk management are analyzed in this paper, then the necessity and approaches are also expounded. Appropriate patterns of risk management in construction industry are erected based on description and analysis of the risk and the effective methods of risk management are presented. Through systematic research and analysis, this paper intends to provide theoretical foundation for the risk management of the construction industry in China and strengthen their capabilities to evade risks.
Keywords :
construction industry; risk analysis; China; construction enterprise development; manufacturing course; risk management analysis; Accidents; Construction industry; Control systems; Economic forecasting; Environmental economics; Financial management; Manufacturing industries; Risk analysis; Risk management; Sustainable development; construction enterprise; development; risk management;
fLanguage :
English
Publisher :
ieee
Conference_Titel :
Business Intelligence and Financial Engineering, 2009. BIFE '09. International Conference on
Conference_Location :
Beijing
Print_ISBN :
978-0-7695-3705-4
Type :
conf
DOI :
10.1109/BIFE.2009.101
Filename :
5208855
Link To Document :
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