Risk Management And Research For SKF Production Base Setup

Statistic survey by related organization indicates passenger car is increasing10%-15%annually in the market, which leads to continuous investment of new factory set up by foreign automotive enterprise to meet the market demand. Those projects cover government approval, public tendering, site construction and final operation. Due to huge investment, long delivery time and extensive relationship, lots of uncertainty and risk exists during the whole process and it will be very difficult to make up if serious issue occurs. Therefore, implement project risk management in the project is very important to reduce the risk impact in different phase of the project, so as to guarantee completion of the project by time, cost and quality.This article based on the construction of SKF Manufacture base, identified seven primary risks as project risk of early stage by brain storming. With various defined risks, conduct estimation by determine matrix, then focusing on Analytic Hierarchy Process to establish risk evaluation model for maximizing risk evaluation as well as reducing the risk. This theoretical foundation also helps carry out project risk response. After all, risk management of this project could be shared by other related engineering projects.