RISK-ACADEMY’s guide on risk management in government projects

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  • Create Date February 9, 2023
  • Last Updated May 5, 2023

We are proud to announce the release of a comprehensive guide for alternative risk management in Public-Private Partnership (PPP) projects. Developed in collaboration with Alex Belkov, a globally recognized specialist in risk analysis for large infrastructure projects, this guide provides a step-by-step approach to incorporating risk analysis into the planning process of a PPP project.

This guide covers four main steps:

  1. Risk Information Collection and Analysis of Assumptions
  2. Schedule/Budget Review before Modeling
  3. Risk Modeling
  4. Analysis/Interpretation of Modeling Results

With this guide, project participants, including public and private partners, as well as other stakeholders, can determine a reasonable project budget, identify the most significant risks, validate assumptions, and monitor project progress and corresponding risks.

The guide provides recommendations on how to minimize the influence of cognitive biases in the risk identification process and recommends utilizing the services of a trained process facilitator or calibrating the experts involved in the process. The guide also outlines specialized software solutions, such as Archer Insight, Vose Tamara, and others, to support the risk analysis process.

Risk management in PPP projects is an ongoing process that extends beyond the planning and execution phases, and this guide provides a comprehensive set of documents to be developed and negotiated by both public and private partners.

Don't miss out on this opportunity to improve your PPP projects with our comprehensive guide for alternative risk management. Get your copy today!


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