International Engineering Risk Management and Insurance (Second Edition)

Author: Lei Shengqiang
Publisher:
Publish Date: 2002-12-01
Features:
Contracting international engineering projects inevitably involves risks, and the types of risks are diverse. How to properly address risks, identify and analyze them, and adopt effective preventive measures—even leveraging risks to achieve substantial profits for the project—is the focus of the first part of this book—Risk Management. It elaborates on the activities of predicting, analyzing, judging, assessing risks, and taking corresponding measures such as avoidance, control, segregation, diversification, transfer, retention, and utilization of risks. The text is supplemented with numerous vivid examples. The second part discusses risk transfer—insurance, providing a detailed introduction to various aspects of insurance, as well as knowledge on insurance coverage and claims. Various insurance clauses are appended to relevant chapters for reference. This book can serve as a teaching material for international engineering management programs in higher education institutions, as well as for training senior technical managers in foreign engineering companies and civil construction companies. It is also suitable for technical managers of construction projects for study and reference.