Research On Overseas Project Risk Management

Sultanate of Oman Muscat(Oman)water treatment project to start on December 8,2004,by Sinohydro Corporation limited,the project value of about $150 million.The project is located in the capital city,is one of important municipal engineering of Oman.Its political significance and economic benefits are equally important,is a bridge connection china-arab political relations between the two countries.But because of a contractual dispute,the project construction period delay,Sinohydro take huge risk and under pressure.After more than two and a half years,under the joint efforts,finally by means of contract,in my embassy in Oman and business support,through careful management,and friendly solve the problem of project owner,saved the economic losses of the project,to maintain the company's reputation,for the smooth implementation of the project after laid a good foundation.The project is sinohydro group overseas contracted projects of a typical case,this article through to the case study the risks,sums up the successes of its risk management,provide certain reference for other international contracting project significance.Firstly,this study analyzes the project contracting risk identification,evaluation,and coping methods through literature analysis to provide guidance for further research.Second,through the analysis and identification of the risk factors of the Oman water treatment project,literature retrieval,case analysis,and The theory is linked to the actual law and summed up the risk response process of the Oman water treatment project.Again,using the work breakdown structure method combined with the evaluation index weights,the various risks of the Oman water treatment project are evaluated.Finally,based on the actual situation of Oman's water treatment project and my own work experience,the risk response measures and risk monitoring ideas for overseas projects were put forward.The overall idea of this article is from practice to theory,and then from theory to practice.Its research results have strong pertinence and practical value.