Notice of RetractionRisk management in construction enterprises development

Notice of Retraction

After careful and considered review of the content of this paper by a duly constituted expert committee, this paper has been found to be in violation of IEEE´s Publication Principles.

We hereby retract the content of this paper. Reasonable effort should be made to remove all past references to this paper.

The presenting author of this paper has the option to appeal this decision by contacting TPII@ieee.org.

With rapid economic development and the progressively more intense competition, building 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 building 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 building industry in China and strengthen their capabilities to evade risks.