Project Risk
From Open Risk Manual
Definition
Project Risk (Project Finance Risk) is any material Risk Type associated with the execution / completion and operation of a specific Project. The term applies to any internal projects undertaken by an organization and formally to the Project Finance sector.
Risk factors in the pre-construction phase
- Approval Risk
Risk factors during construction phase
- Completion Risk (Time Limits)
- Cost Overrun Risk (Budgetary Limits)
- Performance Risk
- Environmental Risk
Risk factors during operation phase
- Performance Risk
- Regulatory Risk
- Political Risk
- Environmental Risk
- Off-Take Risk (Power Projects)
- Market Risk (Toll Roads)
Disclaimer
This entry annotates a FIBO Ontology Class. FIBO is a trademark and the FIBO Ontology is copyright of the EDM Council, released under the MIT Open Source License. There is no guarantee that the content of this page will remain aligned with, or correctly interprets, the concepts covered by the FIBO ontology.
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