PROJECT RISK ASSESSMENT SERVICES

For large as well as smaller projects investors, lenders or the project owner wants to know what the risks are.

 

Risks can be technical, environmental, financial or at a management level. They can be seen as individual and isolated risks but in most cases they interacts leading to a chain of events with a total effect that can be difficult to grasp.

Through an overall Project Risk Assessment you get a general view of risks, which if not mitigated can jeopardise a happy end for your project.

 

The Assessment includes:

  • List crucial factors for a successful project. Such factors could be relations to a key contractor, forecast of future electricity price etc.
  • Identify how different factors are related to each other and find out which are the key factors.
  • Find the risks related to the key factors for a successful project.
  • Find the critical risks i.e. risks with high probability and/or costly effects.
  • Make a risk management plan in order to eliminate, reduce or accept risks.

Examples on carried out projects

  • An overall risk assessment for a medium size per annum energy from waste project. The client was a local authority (municipality). 
  • Participated in an overall risk assessment for a bio-fuelled combined heat and power project. The Client was a utility company.
  • Technical and commercial risk assessment for two wind park projects. The Client was a bank.