Abstract
In recent years, with the continuous development of the international engineering contracting market, the industry’s requirements for projects have also increased. It has gradually evolved into an international engineering procurement model with higher risk response capabilities and more complex project models. Due to the long construction time, large scale, fixed contract amount and other characteristics of international EPC projects, China’s international EPC projects still face multiple risks. This paper uses an Interpretative Structural Model to analyze the risk factors of international EPC projects. Then, construct a project risk model to consider the optimal strategy of risk control from a holistic and systematic perspective. It also puts forward effective risk management and control measures to provide a reference for risk assessment under the international EPC project management mode.
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