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12. Economic Risk Assessment

  • 2026
  • OriginalPaper
  • Chapter
Published in:
Author
Christoph Hoppe
Published in
Commissioning Management in Offshore Wind Projects
Publisher
Springer Nature Switzerland

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Abstract

This chapter delves into the critical role of economic risk assessment in offshore wind projects, emphasizing the collaboration between Commissioning Management and Risk Manager. It explores the distinction between risks and threats, highlighting both positive and negative impacts. The text identifies various risks such as weather conditions, delays, clash situations, personnel issues, legal changes, and technological challenges. It also outlines key risk mitigation strategies, including proactive planning, contractual safeguards, schedule flexibility, escalation management, training, and continuous monitoring. The chapter concludes by explaining how risks are represented in the project budget through contingency budgets and regular monitoring, ensuring financial stability and project success.
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previous chapter Communication and Reporting
next chapter Budgeting and Resource Planning
Title
Economic Risk Assessment
Author
Christoph Hoppe
Copyright Year
2026
Book
Commissioning Management in Offshore Wind Projects

Print ISBN: 978-3-032-05357-2

Electronic ISBN: 978-3-032-05358-9

Copyright Year: 2026

DOI
https://doi.org/10.1007/978-3-032-05358-9_12

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