An Empirical Study on Risk Allocation Preference and Potential Disputes of Risk Allocation

The cognitive differences of different participants on risk allocation preference (RAP) will cause the potential disputes of risk allocation. By questionnaire surveying, the datum of actual RA scheme and its RAP w ere collected among the owners, the contractors and consultants. The statistical analysis results show that there are higher level consistency between the actual RA and RAP, but the contractors bears too much risks a s usual; and for some project risks, the RAP of the owners is different with the contractors' significantly, which results in the contract disputes usually.