Study On The Risk Management Of Overseas Projects In CC Group

when china became one member of the organization of WTO, it is much bigger for china to be influenced by the international economic environment, the government of china still plans to invest the huge fund into infrastructure construction, paying more attention to the overseas market, adopting the strategy of "outside of country". To seek a huge sum profit, many Chinese enterprises are taking part in the international competition; most of them specialized in construction, it is important for Chinese companies to bid the tender of international construction project, which is the best way to join in the competition.Obviously, the rising of number of overseas construction project and the extension of level have laid high risk on the business, otherwise, the comprehensive skill and complex of construction continually increased. There is the great relationship between the construction bearer and the local political and economic policy, geographic environment and the attitude of local government. In different stages, the bidder will face the objective and subjective risk, the losses caused by the objective risk can be offset by compensation. Because the construction of party can not find the weakness of itself or the party want to avoid the limitation intentionally, which can cause the unaffordable loss.The essay concentrates on the typical international construction company-CC, the major part will analyze all risks of processes, from the tender of documents, construction, violation of contract to the final compensation, finally, by analyzing and evaluating the risk caused by the owner-operation of this company, the article will give the resolution to reduce the potential loss and increase the profit.Though arranging the theory of overseas construction risk-management, there are three risks in the process of overseas construction sites, the first one is risk in country level, the next one is risk of market, and the last one is risk in construction project. Because of the three factors, the instability of CC Company is emerged; the limitation is appeared on the long-term development and plan of the company, there is the negative influence on the current asset and ability of control of the company. The real prize of the foreign currency will be shrunk. The normal operation will be threatened by the invisible cost, even eroding the operation income profit. So it is necessary for the company to strengthen and improve the risk-management. According with the specific case, the essay builds up the model of risk-management in overseas market.First, the company should be aware of the risk-management in overseas market, realizing the target of the risk-management of overseas construction, implementing the same standard on the management policy and operation, for the special size overseas construction project, the manager need to analyze the difference and do the operation carefully. The company can manage and control the risk on overseas construction project.Second, the manager should enhance the ability of the risk-confirmation and risk-analyze, setting up the accurate and timely advance-warning system, including the "headquarter←subsidiary" and "subsidiary�'headquarter" double risk-prediction models. The characteristic of overseas operation determined the variety of risk-prediction, the first one is to consult the authoritative organization, based on the local area environment, the company should seek relative variance and do the prediction model and quantitative analyze.Third, based on understanding the risk of overseas construction project, the manager should use different ways to different risks, such as the specific management way and tool, the essay uses the way of case-research as the basis, submitting two kinds of risk-control and two tools of risk-management, they are the risk-avoidance, risk advanced-warning and financial management and normal tool respectively.