Engineering projects are social actives which intergrate with economy, technology, management, organization. There are uncertainties in each respect of engineering projects and engineering projects need risk management. Today , risk management has become one of the centeral issue of study in project management.Risk management has been studied long before, but not until recent years has the theory of overall risk management been put forward. Overall risk management is to control in a systematic and dynamic way to decrease the uncertainties in the process of projects. According to the overall risk management theory , project risk management should be the management of all the actives and respects during the whole project life cycle and based on the stategical objective. Overall risk management pay close attention to the stategical objective and the final outcome of the project and the overall effect deviation of the project as a whole. And traditional project risk management pay attention to each specific phase and active in the implementation of the project. The risks in engineering project have the character of comprehensive.The theory and management process of overall engineering project risk management have been studied in this article, and there are also introduction of the tools and methods of risk management.
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