Author(s)

Huang Jiangyu, Chengqian Xie

Corresponding Author

Chengqian Xie

Abstract

Engineering construction plays an important role in economic and social development. The scale of public procurement engineering projects in China is expanding. The risk management of engineering projects in public procurement is the key to enhancing the economic efficiency of enterprises and the quality of engineering construction. This study uses big data and case methods to sort out the low degree of application of engineering insurance, the lagging development of engineering insurance products, the need to improve engineering insurance professionals, the insufficient ability to identify risks, the inadequate recognition of the organizational design of project engineering, and the awareness of risks in construction Weakness and lack of effective post-evaluation system. The main suggestions for improving the above problems include: promoting engineering insurance with the aim of improving the business environment, improving the risk management capabilities of various entities in engineering insurance, promoting the diversification of the supply of engineering insurance products, and strengthening the top-level design of engineering insurance for public procurement.

Keywords

Public procurement; engineering insurance; risk management; business environment