- Apr 17, 2023
- Posted by: admin
- Category: Abstract of 4th-icnmbe
Proceedings of The 4th International Conference on New Trends in Management, Business and Economics
Comparison of Risk Management Process According to Company’s Role in Managing the Financial Aspects of Projects: The Specific Case of Natural Gas Networks Projects
Panagiotis Tzavaras, Marina Basimakopoulou Kostas Theologou
Public utility networks are one of the most important pillars of development upon which investments can be made to help improve the quality of life in a community. Natural gas networks play a crucial role as means of energy delivery and nationwide coverage is a technical project of utmost importance. The goal of the present study is to assess the risk management strategy that is adopted, in the case of natural gas networks construction. A comparison is presented, where the funding source is examined as a parameter. In the first case, the company is the owner of the project (concessionaire) and has undertaken the distribution of Natural Gas (NG) in a specific area, as well as the management of the network that has been built. In the second case, the company is a contractor and, after having put down the most lucrative offer, undertakes the construction of a NG network, in a specific area.
keywords: Project Management, Risk Management, Contractor, Concessionaire, Natural Gas Networks