Cost risk management of key chain in engineering construction project
Authors
Yunna Wu, Chunyu Mao
Corresponding Author
Yunna Wu
Available Online June 2015.
- DOI
- 10.2991/icemct-15.2015.338How to use a DOI?
- Keywords
- construction project, cost risk, chain effect, the key chain, risk warning
- Abstract
In the process of construction project, it is always appearing that some budget overruns and abuse problems about costs happen, which mainly due to the overall planning and prediction of cost risk for project managers is not science or unreasonable. Based on the characteristics of the chain effect of cost risk, we establish the key chain of costs, then, take the cost risk quantity as the buffer of a key chain, in order to achieve the cost risk warning and help project managers master the cost risk from the overall situation, so that the project manager can make the scientific and reasonable cost risk measures.
- Copyright
- © 2015, 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/).
Cite this article
TY - CONF AU - Yunna Wu AU - Chunyu Mao PY - 2015/06 DA - 2015/06 TI - Cost risk management of key chain in engineering construction project BT - Proceedings of the 2015 International Conference on Education, Management and Computing Technology PB - Atlantis Press SP - 1595 EP - 1600 SN - 2352-5398 UR - https://doi.org/10.2991/icemct-15.2015.338 DO - 10.2991/icemct-15.2015.338 ID - Wu2015/06 ER -