Project Management And Risk Controlling Of Nature Gas Retail Company Development

The scholars abroad have researched on project management since long time ago, and have gained much effort .The developed countries notice project management and think the production of 21 century enterprise will adopt the project developing pattern principally .At present applying the Real option method to assessment of the project management has great action .The meaning of this essay is to apply the Real option method to natural gas retail company and gain the maximum project value.At first the essay evaluate the real investment from the strategy value and connect the single investment project, the integral developing strategy and the integral value emphasizing on the value of strategy investment .The value of enterprise is not only the plus of all real investment projects. Sometime the strategy value of the investment is greater than the NPV.Secondly applying the Real option method to investment enhances flexibility and occasions that the traditional project decision is lacking and enrich the investment decision theory .In fact, in the long time investment decision, to be faced with the undetermined market environment, the dealer can adjust the project according to the changes of market condition .A project with negative NPV will probably be a valuable project because of it's option property.Thirdly the Real option method has changed the decision maker's attitude to uncertainty. With the traditional DCF, more uncertainty means more risk and less attraction .If the project is viewed as real, whereas more uncertainty means more value.This essay researches on the investment project assessment and management of some natural gas retail company in Hubei and analyses along market present condition and tendency, circumstance analyze, market locating, feasibility study, inducting the Real option method and research on the maximum value, form a set of systematical government system, through the environment analysis, analyzing the object market, main competitor, researching on cost, income, finance, uncertainty by SWOT and make the reply to project's feasibility, and bringing out the problem in existence and countermeasure.