Erm Studies Of Foreign Project Contracting Enterprise

As the globalization and information degree is deepened by unceasingly, Enterprises also have to face broad, especially complicated changeful range risk. Those risk management mechanism with the mutually independent various risk management measure that many enterprises are using, in the not really complicated past, had once brought the gigantic effect into play. But today, it is difficult to reply the constant changing reality; enterprises must adopt new risk management mechanism. Enterprise-Wide Risk Management is the recent trends in enterprise risk management; it is a kind of integration risk management mode at the entire company perspective.Foreign project contracting enterprises deal in overseas construction project, because of different country's political system,economic system , construction market laws and policies , handicraft norm , society culture , religious belief diversity , exchange rate , the interest rate fluctuation , the construction market change as well as enterprise internal management decisions' mistakes, they lead to complicated and changeable risks inside and outside enterprises. Therefore foreign project contracting enterprises introduce Enterprise-Wide Risk Management in time are essential measure to set up risk prevention and control mechanism, improve the enterprise management level, advance enterprise competitive strength.This thesis tries to discuss the meaning,development,function and utility of Enterprise-Wide Risk Management. It also studies the main processes of Enterprise-Wide Risk Management, which include target setting, risk identification, risk assessment, risk response, information and communication, supervision and so on. It introduces qualitative & quantitive analysis methods like field survey,financial statements analysis,brain storming,SWOT analysis,value-at-risk,risk assessment, etc. It researches how to utilize the Enterprise Risk Management-Integrated Framework Theory to build Enterprise-Wide Risk Management organization structure and key points of Internal Controls of foreign project contracting enterprises.This thesis focuses on principal risk identification and prevention of foreign project contracting enterprises, combining with actual cases during operating process, applying above qualitative & quantitive analysis methods, identifying and analyzing important risk like law, financial affairs, time limit, contract and purchase.Overseas contracted projects are the important component of our country "go global" strategy. It has extremely important significance for foreign project contracting enterprises to set up a full set of Enterprise-Wide Risk Management System which is suitable for enterprise growth needs through actively introducing international advanced Enterprise-Wide Risk Management theory and combining Industry Characteristics and actual enterprise conditions.