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China’s International Engineering Risks in the Post-pandemic Age Based on Network Theory

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Proceedings of the 27th International Symposium on Advancement of Construction Management and Real Estate (CRIOCM 2022)

Part of the book series: Lecture Notes in Operations Research ((LNOR))

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Abstract

Since the outbreak of the COVID-19 epidemic, the global economy has become increasingly sluggish, which has also affected the international engineering contracting market. With the normalization of the global epidemic, many China’s international engineering (CIE) contracting companies have been affected by the operation and basic work, and are facing various risks and crises. Therefore, the purpose of this study is to find out the critical risks and risk paths faced by CIE in the post-pandemic age. Through literature review and expert interviews, this study identified 20 risks. Then, the relationship between these 20 risks is determined by expert scoring. Using the network theory method to build a risk network, 9 key nodes are determined and divided into critical initial risks, critical transmission risks and critical endpoint risks. Finally, the risk transmission mechanism is obtained, and corresponding countermeasures are proposed for CIE contractors. This study is of great significance for the development of CIE in the post-pandemic age.

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Authors and Affiliations

  1. School of Civil Engineering, Wuhan University, Wuhan, 430072, China

    Lijia Shao, Zhaoqian Liao & Lin Yang

Authors
  1. Lijia Shao
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  2. Zhaoqian Liao
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  3. Lin Yang
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Corresponding author

Correspondence to Lin Yang .

Editor information

Editors and Affiliations

  1. Department of Geography and Resource Management, The Chinese University of Hong Kong, Hong Kong, China

    **g Li

  2. Department of Real Estate and Construction, University of Hong Kong, Hong Kong, Hong Kong

    Weisheng Lu

  3. Department of Emergency Management, Nan**g University, Nan**g, China

    Yi Peng

  4. School of Management, Guangzhou University, Guangzhou, Guangdong, China

    Hong** Yuan

  5. Department of Geography and Resource Management, The Chinese University of Hong Kong, Hong Kong, China

    Daikun Wang

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Shao, L., Liao, Z., Yang, L. (2023). China’s International Engineering Risks in the Post-pandemic Age Based on Network Theory. In: Li, J., Lu, W., Peng, Y., Yuan, H., Wang, D. (eds) Proceedings of the 27th International Symposium on Advancement of Construction Management and Real Estate. CRIOCM 2022. Lecture Notes in Operations Research. Springer, Singapore. https://doi.org/10.1007/978-981-99-3626-7_97

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