Risk Management Plan In The Case Of An Infrastructure Development Project Funded By The Sectoral Operational Programme Increase Of Economic Competitiveness

Abstract

This paper presents aspects of risk management plan achieved for the Project named "Platforma de cercetare multidisciplinara pentru coeziune interregionala si crestere a competitivitatii economice" (Multidisciplinary Research platform for interregional cohesion and increase of economic competitiveness), which that has been funded by the the Sectoral Operational Programme Increase of Economic Competitiveness in the period between 2009-2010. When taking about risks the authors have to accept that they are not dealing with reality. Therefore the authors enter into the field of prediction in which the approach is to estimate the level of risk on the bases of precise knowledge on "how the world is functioning". A plan of risk management is useful and mostly required for the success of the project implementation.