Perceptions of Construction Project Risks: China versus Australia

摘要

The aim of this paper is to understand the project participants' perceptions of construction risks in China and Australia and to develop strategies to manage the key risks.The risks were prioritized according to their influences on typical project objectives in terms of cost,time,quality,safety and environmental sustainability,and then scrutinized from a joint perspective of project stakeholders and life cycle.Postal questionnaire surveys were used in China and Australia to collect data.A total of 25 key risks were ascertained from China survey.The survey results were compared between the Chinese and Australian construction industries to highlight different perceptions.Strategies to manage the key risks were sought from the perspectives of project takeholders and life cycle and in light of the country's business culture.It is concluded that clients,designers,government bodies and contractors should take the responsibility to manage their relevant risks and work cooperatively from the feasibility phase onwards to address potential risks in time; contractors and subcontractors with robust construction and management knowledge should be employed to minimize construction risks and carry out safe,efficient and quality construction activities.