Bìznes Inform (Aug 2018)
The Methodical Approach to Risk Assessment in the Development and Implementation of Venture Project
Abstract
The article is aimed at studying the theoretical and methodical foundations of identification and assessment of risks arising at engaging of venture business to development of industrial enterprises. The types of risks presented in the scientific literature, arising in the process of engaging the venture business, in particular, in the development and implementation of a venture project are considered. On the basis of analysis of the theoretical aspects of venture risks it is suggested to distinguish common and situational risks of engaging of venture business. The common risks are understood as the risks arising independently from the enterprise, which seeks to engage venture business, the situational risks, in turn, arise directly depending on the way of engaging of venture business. The research of methodical bases of assessment of venture risks has demonstrated that the methodical approaches presented in scientific literature do not cover the full spectrum of risks of development and implementation of venture projects. The methodical approach to the risk assessment of the development and implementation of venture project, providing for determination of the amount of possible losses at each stage of development and implementation of the venture project is substantiated according to development scenarios. Prospect for further research is a detailed analysis of the factors preventing the engaging of venture business to the development of industrial enterprises, as well as forming a list of additional risks of venture activity of enterprises.
