Rethinking Risk Management & Planning for Infra Projects (PDF-256kb)
Rethinking Risk Management & Planning for Infra Projects
The disasters following the Fukushima earthquake in Japan, and, in the US, the flooding and power outages in the Mid-Atlantic caused by hurricane Irene, the earthquake on the East Coast, wildfires in the West, tornadoes and floods in the Midwest and other events, provide one clear lesson: the algebra of infrastructure project risk management has reached a new level of complexity, and creating effective risk management strategies requires a constant re-evaluation of existing approaches. Finance partner Jane Wallison Stein and litigation partner David Dekker discuss lessons of the past and forward-looking risk management strategies in this article, which originally appeared in Infrastructure Journal.
Jane Wallison Stein,
David T. Dekker
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