ASSESSMENT OF ECONOMIC AND FINANCIAL RISKS IN THE CASE OF THE INVESTMENT PROJECTS

This paper aims at an integrated approach of the risk concept and control of risk management techniques. Risk identification and classification starts in the planning stage and continues all through the project implementation process. In this paper, I will focus on identifying, elaborating and assessing some economic and financial risks occurring in the implementation stage of an investment project. The first part of the paper addresses the theoretical aspects, while the second covers a brief study on assessing the economic and financial risks, which may derive from an environmental protection investment project.