The Research of Risk Management in Project Contracts

Abstract:

The risk of project contracts is the uncertainty that exists alongside a contract. It is the pressing issue for contractors to prevent and control risks as the peculiarity of building projects brings about series of uncertain risks. By going through the management process of contracts for construction projects, this thesis analyzes the sources of risks and gives ideas and suggestions for designing effective measures to avoid project contracts risks.

• Periodical: Applied Mechanics and Materials (Volumes 357-360)
• Pages: 2546-2549
• DOI: https://doi.org/10.4028/www.scientific.net/AMM.357-360.2546
• Online since: August 2013
• Authors: Rong Jie Zhu, Ying Peng, Yang Sun
• Keywords: Constriction Project, Contractors, Contracts, Risk Management (RM)

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