Research On Risk Management Of TB Company Angola General Contract Project

In recent years,EPC is a more popular project management mode in the world.The so-called EPC(Engineering,and Construct Procurement),that is,design-Procurement ?construction.Is a kind of design,equipment procurement,construction,installation and commissioning until the completion of the transfer of the general contracting model.EPC is one of the current engineering project management models in the world,especially in the developing countries.They have a large scale of construction projects,but lack of key technology,equipment and experience,etc..Therefore,the international engineering projects generally adopt the EPC model,hope that through the contractor to be responsible for the design,procurement,construction and installation of the whole project,a series of work.Along with the ascension of the progress of science and technology and manufacturing capacity,the business model of the power transmission industry of our country is from single equipment supply to combination,complete sets of equipment for transformation and upgrading of,the combination of equipment in the State Grid Corporation of bidding for ratio continued to rise.At the same time,along with the Chinese government "going out" strategy will continue to promote,transmission and distribution enterprises to international EPC market opportunities and challenges coexist.But at the same time,due to domestic enterprises in international EPC project contract negotiation,management ability as well as the lack of human resources management mode,plus the lack of ability of enterprises to deal with the risk,risk management means backward,resulting in contract of international EPC project did not achieve the expected results,some even end in failure,leading to corporate reputation damage and the loss of state-owned assets.Despite the huge profits,but the international EPC project is a risky business,a reasonable risk prevention and control,will determine the success or failure of the international EPC project.Based on the operating status of the international EPC project characteristics and TB by Angola EPC project risk definition,risk identification by expert investigation method and the initial list method,using a combination of qualitative and quantitative analysis method of risk analysis and risk evaluation,based on the understanding of project risk.Combined with identified risks,for selection and the risk response measures and the implementation of effective control,to ensure that Angola EPC project will proceed smoothly and achieve the overall objectives of the project,the greatest degree of risk reduction,grasp the opportunity to pose a risk.At the same time,strengthen the project risk management can make the enterprise continuously improve the management level and work efficiency,faster and more flexible to deal with the changes and challenges of the international environment,enhance the enterprise's own market competitiveness.