Approaches for operational risk management in a long-term investment project Cover Image

Подходи за оперативно управление на риска в дългосрочен инвестиционен проект
Approaches for operational risk management in a long-term investment project

Author(s): Katerina Pankova
Subject(s): Social Sciences, Economy, Education, Business Economy / Management, Higher Education , Financial Markets, Public Finances, Accounting - Business Administration, Business Ethics, Socio-Economic Research
Published by: Нов български университет
Keywords: Methods; risk; project; solutions;uncertainty;

Summary/Abstract: The main methods for risk analysis in a long-term investment project provide for the decision to be taken only until the beginning of the project. Further, most often the project develops according to its logic, regardless of the will and desires of the person who made this decision. In practice, however, there is always the possibility of a preliminary decision, the implementation of which is forthcoming, to make adjustments, ie. to make certain decisions in the course of the project implementation. This approach requires operational project management in conditions of uncertainty and risk. Its goals are to realize the expected income, reduce the risk in case of unfavorable developments or increase the risk in case of an expected favorable state of the business environment.

  • Issue Year: 5/2020
  • Issue No: 1
  • Page Range: 180-197
  • Page Count: 18
  • Language: Bulgarian