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Article

3 Sep 2008

Author:
Matthew Lynch, in Business Fights Poverty

A systematic approach to managing project social risk and opportunity

The importance of managing social risk is increasingly recognised by the proponents and financiers of large projects. Social risks arise primarily from the dissatisfaction and grievances of community and non-governmental stakeholders. Experience shows that failure to manage these issues can have enormous economic costs, damage the reputations of organisations involved and put entire investments in jeopardy...The new briefing note by Engineers Against Poverty (EAP) presents practical guidance to project managers on how to implement a systematic approach to managing project social risk and opportunity.