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Research Project Guarantee Institutions Risk Control System

Posted on:2008-12-09Degree:MasterType:Thesis
Country:ChinaCandidate:Y N GaoFull Text:PDF
GTID:2199360242968986Subject:Technical Economics and Management
Abstract/Summary:PDF Full Text Request
China impels the engineering guarantee system to avoid the risk and maintain the market order. It's a good method to guarantee the building and ensure the participates meet theirs engagements. We have got some achievement but it still needs some more improvement. One of the problem is how to build an effective risk control system.The great invest, long building period, complex product and wild cover make the participates face different kinds of risk. If we don't keep away it, the project won't carry through all right, and even make seriously result.Because the system isn't very mature in China, it makes some chance for the bad guarantee organization. They may pay little attention to the reputation and the risk. There are no wholesome organization and profession in these constitute, no effective risk control system. When there is a claim fro compensation, they will harm the health of the whole market.The article explains the theory of engineering guarantee from economics angle, and has brought forward the idea of building risk control system in engineering guarantee industry. If the guarantee organization wants to resolve its assurance risk, it should examine others qualification prudently in advance. Once having undertaken the assurance responsibility, the guarantee organization need to monitor the entire proceeding of the performance, set up the right control indicator, reinforce to manage and go after repay for the project. At last, we should build estimate and management system after guarantee, making sure that all risk is under our control.Engineering guarantee is a high risk rank, so an effective system can help the organization to avoid the risk and insure the quality of the building and the contract can finish on time. It can also insure the payment and improve the healthy development of the engineering assure system and the architecture.
Keywords/Search Tags:Engineering guarantee, Risk, Risk control, Risk control indicator, substitute indemnity
PDF Full Text Request
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