Risk evaluation and control of EPC hydropower construction project in Vietnam

DOI

10.2991/iccte-16.2016.35How to use a DOI?

Keywords

Construction project, EPC hydropower construction (EPC); Risk evaluation and control; hydropower project in the form of EPC; hydropower project .

Abstract

In Vietnam, now many hydropower project adopts the EPC (engineering, procurement and construction) of the contract. However, in the implementation of these hydropower projects, the EPC general contractors are facing many difficulties, resulting in schedule delays and considerable losses . From the above mentioned issues, this research study is conducted to highlight the main risk factors in the delays of hydropower construction projects in Vietnam. The research outcomes as follows: Risk evaluation; calculating and classifying the degree of impact of each risk to the progress of the construction; presenting expert opinions to control such risks. The practical significance of this study is to ensure the timely completion of projects, benefits for the investors, and the EPC general contractors. The research employs the method of statistical calculations and risk analysis to obtain feedback from experts participating in similar projects. A feature of this research is the comprehensive use of investigative methods statistic, and analysis of the results of the conducted survey on delay risks of EPC hydropower projects in Vietnam.

Copyright

© 2016, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Sy Hung Mai
AU  - Jian Qiong Wang
AU  - Hong Anh Vu
PY  - 2016/01
DA  - 2016/01
TI  - Risk evaluation and control of EPC hydropower construction project in Vietnam
BT  - Proceedings of the 2016 International Conference on Civil, Transportation and Environment
PB  - Atlantis Press
SP  - 206
EP  - 215
SN  - 2352-5401
UR  - https://doi.org/10.2991/iccte-16.2016.35
DO  - 10.2991/iccte-16.2016.35
ID  - Mai2016/01
ER  -