The Risk Sharing Management Research Of The Construct Project IPD Mode

The design and construction is separate in the traditional project delivery mode,which lead to project information asymmetry, between the parties mutually transfer ofrisk in order to maximize the interests of the individual, resulting in decreasedefficiency of project construction, the construction period delay, rising costs, combinedwith modern construction project is more and more complex, more and more projectparticipants, seriously hindered the development of construction industry, the urgentneed new project delivery mode to change the status quo, improve the productionefficiency, achieve risk-sharing and win-win of benefit. The IPD mode requiresrisk-sharing, benefit sharing among the project team, fair reasonable risk-sharingmechanism is of great significance to meet the various project participants of the biggestsatisfaction, to arouse the enthusiasm of the various project participants worked togetherefficiently and maximize your personal interests and the value of the whole project.The IPD mode emphasizes the key parties early involved in the project, play totheir professional knowledge and practical experience of the project team to worktogether and establish partnership of sharing risk and benefit. However, the project teamappoint to the contract rights and obligations of the parties, the risk income allocationproportion by relational contract. The paper is on the basis of basic theory of the IPDmode, analyzing relational contract structure of the IPD mode; build the risk and returncompensation model of the IPD mode. The profit of the various project participants isdivided into three parts by the risk and return compensation model of the IPD mode:cost, fees and risks bonus. The benefits of the parties is directly related to project performance results, providing a fair and reasonable incentive mechanism for thevarious project participants, to achieve the Pareto Optimality. According to the basictheory of risk and return compensation model, studies the calculation method of riskincome distribution ratio, but the key of the risk income distribution ratio calculation isto determine the weights of risk factors. To ensure the accuracy and credible of theweight determination of risk factors, this paper introduces the combination weight ofrisk factors, and determine the subjective and objective weight of risk factors, guaranteethe objective and fair of the risk sharing ratio calculation, inspire more closecooperation between the project team.Through the study for risk sharing management of the IPD mode in this paper,build the IPD mode risk benefit compensation mechanism, on this basis, it is concludethat the calculation method of risk allocation proportion for the IPD mode. Finally,through the case analysis the IPD mode risk sharing theory, it has a certain referencevalue on theory research and practical application for IPD mode in the future.