Risks in Project Development
| Title: | Risks in Project Development |
| Questions in detail: | What types of risks are involved implementing an energy access project? |
| Topics: | Other |
| Country: | Worldwide |
| Answer: |
An extensive list of risks organized in six sub-categories based on literature review and field experience in monitoring. For most of the risks there are suggestions on how to minimize, mitigate or controll them during the life cycle of a project. The four main steps of risk management are presented in a graph that encapsulates the essentials of this iterative process. In addition, there is an explanation on how to prioritize risks according to the dimensions of their probability to occur and their impact potential. An example of activities that can be carried out during a projects’ preparation as guidance on how to be aware of risks. At the end the reader can consider revising some experiences applying de-risking approaches for rural electrification projects (mini-grids and hydro), as well as further reading about risks management for renewable energy systems. |
