Study On The Risk Management Of Agent Construction Management Mode For Government Investment Project

Agent Construction Management Mode is a product of in-depth reform the management mode of government investment projects. It has changed the construction management that the same organization plays the role of investor, constructor, manager and user. It introduces of professional management, which greatly increased the level of project management, thereby increasing the efficiency of the government's investments, but also conducive to further transform government functions so that the government can extricate themselves form micro-management and management of specific projects to focus on macroeconomic management and standardize the market order in the work. However, so far, Agent Construction Management Mode is still in an early stage of development, there are still many problems in practice and a lot of risk, which is determined by its own mechanisms and the imperfections of the institution related. This paper conducted a study on the risk of Agent System.This paper introduces the concept of government investment projects and the Agent Construction Management Mode, through analyses the status quo of investment management and related literature to explain the definition of Agent Construction Management Mode, and its model, features, and the parties; and then through analyses the government investment project status by Agent Construction Management Mode and the predecessor's research results, pointing out that in the present of promotion Agent Construction Management exists many issues, and risk which is determined by its own mechanisms and the imperfections of the institution related. Applying Principal-agent Model analyses the inevitability of moral hazard and the factors of moral hazard; through analyses the current situation of the laws, regulations related, pointed out that there are faultiness in the institution related, and it enlarges the risk According to the previous analysis, this paper proposes four risk management measures, firstly, reinforced the tender evaluation system; secondly, strengthened the contract incentive mechanisms and risk prevention mechanisms; thirdly, intensified communication and supervision; at last, established a reasonable risk allocation and transfer of countermeasures. Finally, proposing some suggestions of institution, which include that, established the enter system of construction corporation, established defined property right system, come on a construct contract demonstration text and strengthened the capacity of the project management enterprise.