DocumentCode :
502921
Title :
The analysis on the function of risk management in construction enterprises development
Author :
Mingqiang, Zhu
Author_Institution :
Dept. of Civil Eng., Wuhan Polytech. Univ., Wuhan, China
Volume :
1
fYear :
2009
fDate :
8-9 Aug. 2009
Firstpage :
91
Lastpage :
94
Abstract :
With rapid economic development and the progressively more intense competition, building industries are facing the constant change, and these will bring risk to the enterprise development. Risk management is needed in the manufacturing course and has become the indispensable part of the national lash-up system. Based on the analysis of risk management situation of construction firms, the connotations of risk management are analyzed in this paper, then the necessity and approaches are also expounded. Appropriate patterns of risk management in building industry are erected based on description and analysis of the risk and the effective methods of risk management are presented. Through systematic research and analysis, this paper intends to provide theoretical foundation for the risk management of the building industry in China and strengthen their capabilities to evade risks.
Keywords :
construction industry; risk analysis; China; building industry; construction enterprises; economic development; risk analysis; risk management; Buildings; Construction industry; Control systems; Economic forecasting; Environmental economics; Financial management; Manufacturing industries; Risk analysis; Risk management; Sustainable development; analysis; development; management; risk;
fLanguage :
English
Publisher :
ieee
Conference_Titel :
Computing, Communication, Control, and Management, 2009. CCCM 2009. ISECS International Colloquium on
Conference_Location :
Sanya
Print_ISBN :
978-1-4244-4247-8
Type :
conf
DOI :
10.1109/CCCM.2009.5268144
Filename :
5268144
Link To Document :
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