YJXJ Real Estate Project Risk Management Research

Real estate project has characteristics of the industry,affected by many aspects such as longer development period and huge investment, and also with the local policies in which the project is. In recent years, the policies on macro-control and development direction have change over often, causing un-balance and increasing competition, real estate development enterprises have to face a huge test of survival and risk of development. Real estate development enterprises have to find a range of suitable methods to identify and asses the risks passively or actively, in order to overcome the weak market environment, and then make projects success. At present, risk management level is lower in many of real estate enterprise, slowness reaction to market and decision-making without evaluation have been seen very often. In addition, scientific method and professional staff on risks management is also limited.Therefore, to carry out analysis and Research on the risk management of real estate development project is very important and significant.Firstly, this paper describes and compares the domestic and foreign research status of real estate project on risk management, and puts forward the significance of risk management on YJXJ real estate project. Then, introduce the risk, project risk management, real estate project risk management based on the concept, meaning, classification, features, content, etc.. On this basis, risk management methods and theoretical tools for the whole process of real estate project have detailed.The whole process of the real estate project is divided into five stages, which provides a theoretical basis for the follow-up of YJXJ real estate project on risk management.On the basis of theoretical research, make "YJXJ" real estate development project as a mode discussing objectives established and decomposition of risk management, as well as the goal, how to implement, analysis of how to make use of the talent resources and external talent to build the company’s risk management at all levels of responsibility level. Risk factors happened in the full life of the YJXJ project with a risk list are identified and established. In this paper, in order to assess the risks, many methods and tool have been used, such as expert survey score method and hierarchy process analysis method etc. Comprehensive fuzzy evaluation method and other tools were also seen in this paper describes.The risk level and the risk degree sequence have been identified to support the risk factors identification and evaluation, also supply basis to the policy-making and measures. At the end of this paper, we discuss and suggest how to monitor the whole process of project development.