Research On Contract Risk Management On Bohai Home District Project In Agent-construction Mode

The Bohai home district project is very significant for Shougang Caofeidian steel base construction and production of security which is one of the National Eleventh Five-Year Plan items. However, these are the features of the project:This is a one-time large-scale investment, and it changed its management mode due to the mismanagement in the early construction period, it feels great pressure on cost control in the later progress, the construction period is limited and tight, and also the related subject of contracts are wide and complex. So, to enhance the project’s contracts and its’ risk management is one of the cores in the construction of the Bohai home district which can provide necessary conditions to ensure successful completion of the project.On the base of the practices in the Bohai home district contract management, to fully consider the features of the project in agent-construction mode, this thesis firstly analyzes the difficulties and risks which we faced in the early of agent-construction, indicates the corresponding perfect paths, and builds a sound risk management system for the Bohai home district construction in agent-construction mode. Then, against the implementation of the project progress and specific characteristics, this thesis puts emphasis on the study of the contract risk management in the period of agent-construction contract and the bidding period, and analyzes the risk identification, risk assessment, risk answer, and risk monitoring and control in the two periods on the base of the whole risk management theories.As there are specificities which are changing the management mode and implement principal-agent in the enterprise in the Bohai home district project, the thesis focuses on a detailed study of the agent-construction contract risk management, effectively identifies risk factors, and introduced Analytical Hierarchy Process (AHP method) into the risk assessment, evaluates scientifically risk factors and the degree of risk and the choice of best solution in the enterprise agent-management. On this basis, this thesis deals with risk factors analysis and studies the countermeasures according to different levels of risk.