Current Development and Risks Analysis of International Project Contract

Abstract:

With the development of economy, project contract has now become global. However, there’re always different kinds of risks. Among all, the combination of environmental risks,strategic risks and executive risks may pose huge challenges to the project management. This article is mainly focus on the current development and risks of the international project contract, and provides solutions to the unnecessary lost caused by the differences of culture, politics, nature and laws between China and foreign countries during the project cooperation.

• Periodical: Applied Mechanics and Materials (Volumes 584-586)
• Pages: 2165-2170
• DOI: https://doi.org/10.4028/www.scientific.net/AMM.584-586.2165
• Online since: July 2014
• Authors: Li Kun Zhao*, Jia Qi Sun, Yao Wan, He Zhen Yang
• Keywords: Industry Distribution, International Project Contract, Regional Distribution, Risk Model

References

[1] Yu Liping. [J]. the status quo of China's international project contracting and the problems in the development of China consulting engineering, 2006 (12): 18-20.

[2] Li Changhua, Lu Qiuhong. The present situation and Enlightenment of domestic and international construction contracting [J]. Shanxi architecture, 2010 (12): 180-184.

[3] Hou Duzhou, Zhang Yan. China international engineering contracting industry status and strategy analysis [J]. Journal of Xi'an University Of Architecture And Technology, 2009 (3): 39-41.

[4] Yuan Tiezhen. The current our country to speed up the development of international project contracting strategy [J]. China electronic commerce, 2010 (10): 133-134.

[5] Shenhua. International project contracting risk management [J]. Journal of Hunan University, 2011 (4): 72-74.

[6] Zhang Yu, Xu Chengjie, interpretation of the 2013 annual ENR international contractor 250 strong [J]. Journal of engineering management, 2013 (10): 113-120.