The Early Stage Of The Construction Project Investment Risk Evaluation And Control

Nowadays, China is in a period of rapid development in economy, and its economic development has a distinctive feature of investment-driven and large-scale investment behavior greatly promoted China’s economic development. As a major carrier investment, construction projects appears in large numbers along with the tide of China’s economic development. In the market economy, investment efficiency has become a measure of economic activity, good returns on investment is the first condition that help the construction of the project developer survives in the fierce competition in the market and continue to grow and develop continuing operations prerequisite. Construction projects have long development cycles, high capital requirements, have a one-time investment and irreversibility, deeply affected the various elements of the surrounding economic and social characteristics, so how to make investment decisions scientifically and effectively in order to ensure the project can generate enough economic and social benefits after delivering of investment, and realize the investment goals is expected to become a closely consideration options of the main economic actor in all areas of the market.Starting from China’s actual conditions, the paper is based on the large number of documents, and has a further insight into the current situation to identify and control early project risk in making investment decisions, and analysis of the decision-making process for the issue implied Investment Decision various risk factors. On this basis, the paper put forward effective solutions.This paper is divided into four parts, offering multiple angles Thesis analyzed. The first part is an introduction; the paper introduces the theory wording ideas, research in the construction project industry, as well as the support of pre-project risk management decision-making. The second part contain the second and the third chapter that brings a detailed analysis of the main risk at different stages of the project cycle, and guiding with "risk management" theory, the risks associated with the method of disposal under the COSO risk management framework has been application, and the corresponding process has been designed. The third part is the fourth chapter, mainly through a combination of investment decision-making and risk management processes of the real estate industry benchmark enterprise A Group B City project, theoretical and practical understanding of the second part of the actual use, and further thinking. The fourth part is the fifth chapter is a summary of the main text, further deepening project preliminary decision risk control perspective, and hope that this paper can made useful suggestions constructions in project investment decisions for China’s real estate developers.