Identifying the key areas of risk Management in mega renewable projects.
Mega infrastructure projects, characterized by their large scale, high capital investment, and
extended timelines, play a crucial role in driving economic development and improving
societal well-being. However, their complexity and interdependence often expose them to a
wide range of risks, including financial, technical, operational, environmental, and regulatory
uncertainties. Effective risk management in such projects is not merely a reactive process but
a proactive approach to identify, assess, mitigate, and monitor potential risks throughout the
project lifecycle. Given the intricate nature of these projects, poor risk management can lead
to cost overruns, schedule delays, quality issues, and, in extreme cases, project failure.
