Title :
Research on risk management gains of construction project based on the goal orientation perspective
Author :
Yunna Wu ; Yong Huang ; Kai Xiong
Author_Institution :
Sch. of Econ. & Manage., North China Electr. Power Univ., Beijing, China
Abstract :
On the basis of full access to risk cost related literature, find that the concept of risk management gains doesn´t get closely enough with engineering practice in reality. Stat from the hierarchical structure of project contract system on, put forward the management idea of risk management and goal management integration. Constructed the equilibrium analysis methods of risk management gains by engineering project goal oriented, which composed of qualitative analysis, quantitative analysis and marginal analysis, further discusses the risk management gains equilibrium analysis process and the decision-making process. Provide scientific decision support for risk management to meet the need of project target management and help project parties realize the balance of gains and risks.
Keywords :
construction industry; contracts; decision making; project management; risk management; construction project; decision making process; equilibrium analysis methods; equilibrium analysis process; goal management integration; goal orientation perspective; hierarchical structure; marginal analysis; project contract system; project target management; qualitative analysis; quantitative analysis; risk management; scientific decision support; Contracts; Decision making; Educational institutions; Investments; Project management; Risk management; Uncertainty; Construction project; goal orientation; risk management gains;
Conference_Titel :
Quality and Reliability (ICQR), 2011 IEEE International Conference on
Conference_Location :
Bangkok
Print_ISBN :
978-1-4577-0626-4
DOI :
10.1109/ICQR.2011.6031746