Lack of financing for the next phases
Corresponds to bankruptcy or lack of experience from a project developer (SPV), banks requirements asking unrealistic and/or unsustainable guarantees, restraining investors from participating in projects. Investors may also be reluctant to support projects due to hostile political climate or discordant and unacceptable political ideology.
Informations
- Category: Risks due to uncertainties in the external context
- Id: B-2
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Phases:
- Identification / Exploration
- Drilling / Testing
- Exploitation / Development
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Consequences:
- Economic / Performance / Acceptability
Mitigation
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Prevention:
- Thorough feasibility study including risks - Thorough cost management and business plan
- Thorough analysis of funding opportunities
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Monitoring:
- Keep continuous monitoring of standards, technologies and political situation
- Thorough financial review throughout a project
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Corrective measures:
- Find new funding opportunity
More information is available on the project deliverable (link), or navigate on the online version.
