Advances in Civil Engineering / 2018 / Article / Tab 1

Research Article

Identifying Political Risk Management Strategies in International Construction Projects

Table 1

Political risk management strategies.


S01: making a higher tender offerXX
S02: conducting market researchXXXXXX
S03: buying risk insuranceXXXXX
S04: adopting optimal contractsXXX
S05: implementing a localization strategyXXXXX
S06: avoiding misconductXXXXX
S07: adopting closed management of the construction siteXXXXX
S08: supporting environmental protectionX
S09: abiding by the traditional local cultureXXX
S10: making contingency plansXXXXX
S11: obtaining the corresponding guaranteeXXXX
S12: implementing an emergency planXXXXX
S13: forming joint ventures with local contractorsXXXX
S14: conducting a postresponse assessmentXXX
S15: sending staff to training programsXX
S16: settling disputes through renegotiationXXX
S17: choosing suitable projectsXXX
S18: building proper relations with host governmentsXXXX
S19: maintaining good relations with powerful groupsXXXXXX
S20: creating links with local businessXXXXXXX
S21: changing the operation strategiesXXXX
S22: controlling core and critical technologyXXXX
S23: choosing a suitable entry modeXXXXXX
S24: employing capable local partnersXXXXXX
S25: building up reputationXXX
S26: allocating extra fundsXXX
S27: maintaining good relations with the publicXXXXX

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