ABSTRACT

Although Chinese International Construction Enterprises(ICEs) have made great efforts in overseas project risk management, an emerging new type of “compliance risk” in the rule prioritization era has been ignored. In the face of an increasingly stringent supervision environment, compliance has become a new way for Chinese enterprises to adapt to global competition. This paper analyzes the characteristics of compliance risk through the VUCA method and uses the fuzzy analytic hierarchy process (FAHP) method to quantify the risk factors on the compliance risk list.