Description
Global Alliance Management of Risk in Infrastructure Projects by A Mishra
In the recent years, infrastructure in India has witnessed?transformational?change both in the quantum of?investment and asset creation. Since these projects are unique due to their long gestation period and huge capital requirements, their risk measurement and understanding necessities specialized knowledge and training. After the global economic crisis, risk management gained immense prominence in financial analysis. The identification, quantification and mitigation of risk became critical elements for any project execution.This book elaborates on risk management tools buttressed with real-life scenarios and studies. It provides in-depth solutions with a standardized methodology that is widely accepted in Banks/FIs and financial markets. Dealing with multiple perspectives, it focuses on varied concepts of liquidity, stress and skewness for scenario analysis. There is also elucidation of risk assessment in different sectors along with practical examples of different approaches adopted in different capacities & stages.What makes the book unique is the comprehensive understanding of risk that offers to everyone involved in infrastructure valuation: bankers, entrepreneurs, finance professionals, students and policy makers. It introduces professionals to the vast of array of literature on infrastructure encompassing risk measurement & mitigation in various sectors of road, power, airport, port metro and urban development. By offering specific guidance on various dimensions of risk across credit, forex, operations and markets, the book broadens the perspectives of risk with conceptual clarity.