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Management Of Uncertainties And Consequential Costs For Construction Projects In China

机译:中国建设项目不确定性和必然成本的管理

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摘要

With China's entry into the World Trade Organization (WTO) at the end of 2001, and Beijing's success in bidding for this summer's Olympic Games 2008, China is expected to become a huge emerging construction market that will provide opportunities for foreign developers, consultants and contractors worldwide. Internationa] companies are keen on venturing into the Chinese market. However, some of them have, experienced progress delay and cost overrun in their projects. One common reason is the lack of understanding of and the failure to manage the uncertainties and consequential costs incurred because of the differing customs and practices and the relatively incomplete conditions of contracts prevailing in China's construction industry. This article reviews briefly the construction contract in China and then identifies the possible uncertainties and consequential costs embedded in the clauses of the China Construction Contract 1999, the latest construction contract in China. The existing problems in the industry's customs and practices are also analyzed to further reveal other factors that may cause uncertainties and consequential costs to be incurred. Possible improvements to the related contract clauses and a framework for managing these uncertainties and consequential costs are proposed for undertaking construction projects in China.
机译:随着中国于2001年底加入世界贸易组织(WTO),以及北京成功申办2008年夏季奥运会,中国有望成为一个庞大的新兴建筑市场,这将为外国开发商,顾问和承包商提供机会全世界。国际公司热衷于进入中国市场。但是,其中一些项目的进度延迟且成本超支。一个普遍的原因是对由于中国建筑行业普遍存在的习俗和惯例不同以及合同条件相对不完整而引起的不确定性和随之而来的成本缺乏了解,并且无法对其进行处理。本文简要回顾了中国的建筑合同,然后确定了中国最新的建筑合同《中国建筑合同1999》条款中可能存在的不确定性和相应的成本。还将分析行业风俗习惯中存在的问题,以进一步揭示可能导致不确定性和随之而来的成本的其他因素。建议在中国进行建设项目时对相关合同条款进行可能的改进,并建立管理这些不确定性和后续成本的框架。

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