Research On Brilliance EPC Project Risk Management

The rapid growth of the auto industry has made it be one of the leading industries that pulling the growth of the Chinese economy. At present, the competition in the domestic auto market is more and more fiercely and there is urgent demand of the new generation of products. After the accession to the WTO, imported automotives will undoubtedly stimulate the demand on automotives in China and the imported cars will strive to occupy the domestic market. The domestic made cars has to face the direct competition of imported cars. For the Chinese auto makers, they are still not able to compare with the international companies on the scale, technology development, production cost and management levels, which is a major problem that the domestic auto makers have to face and this makes it quite important for 2 strong companies to set up a JV. However, because of the features of long term, wide involvement parties and operation difficulties, the risk management of the ESP project is an area worthy for studying.The Brilliance EPC project means that Shenyang Jinbei Automotive Industry Share Co. Ltd., (called Shenyang Jinbei for short) and BMW (Netherlands) share Co. Ltd (called BMW ) prepare to construct a plant to produce BMW 3 series and 5 series premium cars and set up a JV with the name of BMW-Brilliance Co. Ltd., in China. In the thesis, the risk indices of Brilliance EPC project will be analyzed from the risks of investment support abilities, project quality, market, construction innovation and organization etc. On the basis, hope the research can provide some suggestion and guarantee measures for the risk management and control, and also hope the research can provide support and help to the smoothly running of the Brilliance EPC project.