Research On Project Risk Control Of Pengyuan Washington Real Estate Development Project

The real estate industry has the important status in our country. It is related to the development of the national economy and People’s Daily life. In China’s current economic model, the real estate industry plays an extremely important role. It made outstanding contributions for our country’s rapid growth of economy. In recent years, the state of real estate regulation policy often appear. In the two sessions of 2015, the government put forward the requirements to strengthen the responsibility of local government. The responsibility of the local governments need to regulate the real estate market reasonably, and adopt different policies in different city.Real estate development industry’s demand for money is large, and it belongs to the capital-intensive industries. At the same time, the real estate project development cycle is long, and unpredictable risks exist in the process of project development and construction. So, the risk control problem is an urgent need to solve for real estate development industry. The characteristics of real estate projects is different from other types, and the effectiveness of risk management is the key to the success of real estate development project. Before project construction, the company needs to evaluate project risk effectively, and to prevent and control the risk in the process of project.The focus of this article is about risk analysis of real estate development project, including the project risk identification, evaluation and control. First of all, the article introduces the project risk management’s relevant concepts and characteristics, real estate project characteristics, the goal of real estate project, real estate project risk classification, the related theories of real estate project risk control the content of control. Then, the article summarizes the theoretical knowledge related to the project risk control. The main three characteristics is the cycle of real estate project, large investment, uncertain risks. After that, the article summarizes the real estate project risk’s identification principle, identification method, risk factor analysis. On the basis of above all analysis, the specific application of risk factors in specific project environment is analyzed. Later, it gives the specific factors of each evaluation. Finally, the various factors existing in the specific control measures are given. Epilogue concludes the project risk control is an effective way to solve the problem of real estate development enterprises.Through a concrete analysis of real estate development project risk, and this paper adopted the PengYuan Washington case as the research object of real estate development project. Through on-the-spot investigation, the comprehensive analysis to the project and introduction has been carried. First of all, the construction of the project background, location selection, construction planning and project construction of internal and external environment are analyzed. Then, it demonstrates the feasibility of the project construction in terms of construction. Finally, the value and feasibility of the project has developed.After the feasibility analysis, the article describes the project specific risks existing in the internal and external identification. After the identification of project risk in risk assessment, it applies the method of multi-level fuzzy comprehensive evaluation. Finally, it is concluded that PengYuan Washington real estate development project’s risk is not high. At the same time, the article concludes that the need to focus on several risk factors to prevent and control in the process of project development of, for example, market risk, fund use risk, completion risk and the risk of default. According to this conclusion, the article puts forward the PengYuan Washington projects’ various types of risk suggestions in the development process of real estate development project.