Step 13: Assessment of Project Risks
Assess internal risks
and external risks and determine the extent to which they affect the proposed
projects, by using logical frame work, for detail guidelines
refer
▬►PWD Part
II Procedural Directives, Volume A General Procedures, Chapter2, Feasibility
Studies,Step-13 Pages 2-8,.
Step 13. Assessment of Project Risks
Assessment of the project risks will be made for large projects under HMG/N funding and all rojects under donor funding. The major project risks are normally identified in the logical ramework analysis as “key assumptions”. The following guidelines apply:
- Internal risks shall be identified including delays and problems which may be caused by weak procedures in the executing and implementing agencies, or supporting HMG/N agencies.
- External risks shall be identified including disruptions, delays and unplanned cost increases due to weather, political disturbances, poor contractor and consultant performance and fuel prices.
- Risks shall be categorised as high, moderate, small or no risk. An estimate of the cost and time implications should be made for each identified risk.
- Recommendations should be made to mitigate the risks.