The Value Engineering Analyses Of The Cost Risks For The General Contract For The Olympic Stadiums Projects

At the beginning of the Olympic Stadiums projects, we pursue the scaleinvestment, modern style and special art, which leading to the great cost funds,also highlight the cost risk of the general contracts in the Olympic Stadiumsprojects. It is the core studying content of this paper that how to use the VE forreducing the cost of the Olympic Stadiums, while enhancing the value andlessening the cost risk of the contract companies for the Olympic Stadiumsprojects.Firstly, this study which combining of two-dimensional variableweights risk assessment model and Risk Analysis has been improved by Valueengineering evaluation program into the evolution of the technical value,economic value and social value of three-dimensional multi-target integratedproject risk assessment model.Secondly, the general contracts of the Olympic Stadiums many sorts offorms and complex risks. In this paper, we emphasize discuss on an analysisof representative of the National Stadium for Joint Venture contract under the special model, also analyzing the cost-risk under the special contract model indetail, combines value engineering analysis and program evaluation foranalyze how to reduce cost-risk. Detailed analysis of value engineering applythe life cycle cost to the entire process in Olympic stadiums, from the designand decision-making stage to the construction stage and operation stage afterthe match, the whole process should be stage use. It provides theoretical basisand effective measures how to reduce the settlement risk of the total contractcosts and improve value of the Olympic stadiums.Finally, for Olympic stadiums and general contracting costs IntegratedRisk Assessment Model, its conclusions conform to the Frugal OlympicsAction: cost risk of the Olympic stadiums is the vital important, but payattention to the risks to the economy should also take into account thetechnical risks and social risks. The results indicate that the model has sometheoretical and practical significance, which are equally applicable to otherlarge projects' cost-risk analysis.