Research on the System of the Construction Project Life Cycle Cost Risk Management
Risk management is an important component of the project life cycle cost management and the project cost risk management system includes management objectives identification, risk factors analysis, risk identification, risk assessment, risk management and risk information feedback. The objectives of the project cost management can be successfully achieved through the life cycle cost risk management of various stages.
H. P. Wang and Y. P. Hu, "Research on the System of the Construction Project Life Cycle Cost Risk Management", Applied Mechanics and Materials, Vols. 94-96, pp. 2329-2332, 2011