Analysis And Prevention Of Construction Contract Risk Management Based On The Contractors' Interests

Project construction is a kind of highly risk industry. Risk is inherent in construction projects of all types and sizes. It has many causes and its effects manifest themselves in various forms. Most recognizable are impacts on the schedule, where they reduce float, and its flexibility to absorb delays and thus mitigate risk. Regardless of the nature of risk, it is measurable by its effect. The project items features complexity, changeability, timeliness cause the risks to it contract, and market, society, policy surely have a closely influence on it. This paper claims that the risks may be encountered during the execution of the contract for the project contract, and puts forward some suggestions for the risk management.