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Bobick, T G (2004) Falls through Roof and Floor Openings and Surfaces, Including Skylights: 1992–2000. Journal of Construction Engineering and Management, 130(06), 895–907.

Chan, S and Leung, N (2004) Prototype Web-Based Construction Project Management System. Journal of Construction Engineering and Management, 130(06), 935–43.

Cheah, C Y J, Garvin, M J and Miller, J B (2004) Empirical Study of Strategic Performance of Global Construction Firms. Journal of Construction Engineering and Management, 130(06), 808–17.

Cheng, E W L and Li, H (2004) Development of a Practical Model of Partnering for Construction Projects. Journal of Construction Engineering and Management, 130(06), 790–8.

Cheung, S O, Yiu, K T W and Suen, H (2004) Construction Negotiation Online. Journal of Construction Engineering and Management, 130(06), 844–52.

Chung, T H, Abraham, D M and Gokhale, S B (2004) Decision Support System for Microtunneling Applications. Journal of Construction Engineering and Management, 130(06), 835–43.

Fang, D, Fong, P S and Li, M (2004) Risk Assessment Model of Tendering for Chinese Building Projects. Journal of Construction Engineering and Management, 130(06), 862–8.

Fang, D, Li, M, Fong, P S and Shen, L (2004) Risks in Chinese Construction Market—Contractors’ Perspective. Journal of Construction Engineering and Management, 130(06), 853–61.

  • Type: Journal Article
  • Keywords: Risk management; China; Construction industry; Contractors;
  • ISBN/ISSN: 0733-9364
  • URL: https://doi.org/10.1061/(ASCE)0733-9364(2004)130:6(853)
  • Abstract:
    With China’s entry into the World Trade Organization (WTO), the Chinese construction market will be increasingly open and finally become part of the international market. Because of different social and economic systems, as well as different historical and cultural backgrounds, contractors are likely to encounter different risks in different markets. Based on questionnaires and case studies, this paper adopts an importance evaluation index and makes an importance evaluation of various risks encountered by Chinese contractors when contracting for projects in Chinese markets. This paper also makes comparisons between and analyses of the research findings and related available investigation results. The Cox–Stuart trend increase test method is applied in the current research, the results indicating that the variance corresponding to the importance index value tends to increase as the risk event importance decreases. This tendency shows that those investigated tend towards unanimity in terms of higher importance risk events. This paper also examines the reliability of the questionnaires by means of Cronbach’s Alpha Coefficient. The research shows that the main risk currently encountered by Chinese contractors in domestic markets includes owner’s irregular behavior and government departments’ interference in construction markets. China’s accession to the WTO has provided greater opportunities for international contractors to enter the Chinese construction market. Therefore the research results described in this paper can provide valuable data enabling international contractors to gain a better understanding of the potential risks in the environment of the Chinese construction market.

Hanna, A S, Camlic, R, Peterson, P A and Lee, M (2004) Cumulative Effect of Project Changes for Electrical and Mechanical Construction. Journal of Construction Engineering and Management, 130(06), 762–71.

Koksal, A and Arditi, D (2004) Predicting Construction Company Decline. Journal of Construction Engineering and Management, 130(06), 799–807.

Lee, H, Yu, J and Kim, S (2004) Impact of Labor Factors on Workflow. Journal of Construction Engineering and Management, 130(06), 918–23.

Marzouk, M and Moselhi, O (2004) Fuzzy Clustering Model for Estimating Haulers’ Travel Time. Journal of Construction Engineering and Management, 130(06), 878–86.

Rowe, G M, Meegoda, J N, Jumikis, A, Sharrock, M J, Bandara, N and Hettiarachchi, C H (2004) NJTxtr—A Computer Program Based on LASER to Monitor Asphalt Segregation. Journal of Construction Engineering and Management, 130(06), 924–34.

Senouci, A B and Eldin, N N (2004) Use of Genetic Algorithms in Resource Scheduling of Construction Projects. Journal of Construction Engineering and Management, 130(06), 869–77.

Son, J and Mattila, K G (2004) Binary Resource Leveling Model: Activity Splitting Allowed. Journal of Construction Engineering and Management, 130(06), 887–94.

Tam, C M, Tong, T K L and Wong, Y W (2004) Selection of Concrete Pump Using the Superiority and Inferiority Ranking Method. Journal of Construction Engineering and Management, 130(06), 827–34.

Thomas, H R, Horman, M J and de Souza, U E L (2004) Symbiotic Crew Relationships and Labor Flow. Journal of Construction Engineering and Management, 130(06), 908–17.

Tsao, C C Y, Tommelein, I D, Swanlund, E S and Howell, G A (2004) Work Structuring to Achieve Integrated Product–Process Design. Journal of Construction Engineering and Management, 130(06), 780–9.

Walsh, K D, Hershauer, J C, Tommelein, I D and Walsh, T A (2004) Strategic Positioning of Inventory to Match Demand in a Capital Projects Supply Chain. Journal of Construction Engineering and Management, 130(06), 818–26.

Whalen, T M, Gopal, S and Abraham, D M (2004) Cost-Benefit Model for the Construction of Tornado Shelters. Journal of Construction Engineering and Management, 130(06), 772–9.