ZNACZENIE ZARZĄDZANIA RYZYKIEM W PLANOWANIU PROJEKTÓW PUBLICZNYCH
THE IMPORTANCE OF RISK MANAGEMENT IN THE PLANNING OF PUBLIC PROJECTS

Summary/Abstract: Basically, by “risk” the investor understands significant cost overruns and schedule delays but never positive deviations. The cities plan and implement many projects at the same time. Because of limited financial resources they are forced to give appropriate priority to individual projects and to postpone projects deemed less important. Blocking the financial resources for project implementation as a consequence of misestimating of the project cost in the planning phase means that the funds could be used for other projects. In the article are presented examples of the impact of failure in the planning project costs on the investment opportunities of municipalities. There are also proposed solutions which, in the opinion of the local councillors, can affect the cost of the planned investments.

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