| Title |
A Performance Analysis of Risk Management for International Engineering Project |
| Authors |
Jung, Wooyong ; Lee, Baul ; Han, Seungheon |
| DOI |
http://dx.doi.org/10.6106/KJCEM.2017.18.2.099 |
| Keywords |
Engineering Project ; Risk Management ; Project Performance ; Contract Type ; Product Type |
| Abstract |
In recent years, Korean engineering companies are actively entering into the international business. Although international engineering project is known to have lower risk rather that EPC construction project, Korean engineering companies' international sales profit is not as good. Therefore, this study analyzes the risks that are predicted before bid and actually occurred after award. In addition, this study shows the difference of risk depending on lump sum contract and cost reimburse contract. Finally, this study analyzes the difference of risk according to civil engineering and building engineering. This study provides industry to analyze risk more practically and helps academics to focus on risk to be studied more in the future. |