Chapter
Aug 14, 2017
International Conference on Construction and Real Estate Management 2016

Research on the Risk Management of the Construction Project Whole Process Cost Consultation: Using Company S, Project B as an Example

Publication: ICCREM 2016: BIM Application and Off-Site Construction

ABSTRACT

Stages of total construction process such as decision-making, design, trading, construction, and completion of construction project all exist risks. From the point of project cost consultancy involved, focusing on and analyzing construction project risk, effectively identifying and controlling risks that consultation process may encounter, can not only reduce the risk of consulting enterprise itself, and reduce project cost risk of construction project, but also reduce the overall risk of construction project to a large extent, which is conducive to the smooth conduct of company consulting activities, and further improving consulting management level. Based on correlation theory of risk management and whole process cost management, this paper analyzes risk closely related to project cost from the perspective of cost consultation institutions. Using company S project B as example, it uses risk management methods and tools such as analytic hierarchy process to manage construction project whole process cost consultation risk, and on this basis, puts forward a series of countermeasures.

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REFERENCES

American Project Management Institute (APMI). (2009). Project management body of knowledge (fourth edition), Electronic Industry Press, Beijing. (in Chinese).
Audit Office of Fujian (AOF). (2009). “Fujian province highway construction project whole process follow-up audit procedures, Fujian.” <http://3y.uu456.com/bp_5wyef9302q7d82u9y9ct_1.html> (Apr. 27, 2009). (in Chinese).
Dragoo, R.E. and Letendre, R.A. (1993). “Manage cost in real time.” Hydrocarbon Processing, 72(7), 41–46.
Hampton, K.R. (2001). “An integrated risk analysis methodology in a multidisciplinary design environment.” Dissertation Abstracts International, 6(1), 50–58.
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Information & Authors

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Published In

Go to ICCREM 2016
ICCREM 2016: BIM Application and Off-Site Construction
Pages: 1388 - 1401
Editors: Yaowu Wang, Ph.D., Professor, Harbin Institute of Technology, Mohamed Al-Hussein, Ph.D., Professor, University of Alberta, Geoffrey Q. P. Shen, Ph.D., Professor, The Hong Kong Polytechnic University, and Yimin Zhu, Ph.D., Professor, Louisiana State University
ISBN (Online): 978-0-7844-8027-4

History

Published online: Aug 14, 2017

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Professor, School of Economics and Management, Fuzhou Univ., Fuzhou, China, 350002. E-mail: [email protected]
Undergraduate, College of Energy, Xiamen Univ., Xiamen, China, 361102. E-mail: [email protected]
Haining Zhang [email protected]
Master, School of Economics and Management, Fuzhou Univ., Fuzhou, China, 350002. E-mail: [email protected]

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