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Assessing the Risks of Infrastructure Investments in Sudan
Infrastructure is essential to the functioning of society and the modern economy, as it consists of the physical structures and essential services that connect society and facilitate its orderly operation. Infrastructure has a direct impact on the quality of life for individuals, by providing access to a broad range of essential resources, including water and energy and other services such as, transportation and telecommunications.
Given its strategic importance and its impact on quality of life’s success of an infrastructure projects are greatly influenced by proper management of the risks associated with the project.
The main aim of this study is to identify the major risks associated with the different phases of infrastructure investments in Sudan. This study is based on structured face to face interview with the sampled population using closed ended questionnaire. The collected data will be analyzed using Monte Carlo Simulation and one-way analysis of variance, ANOVA, to determine whether there are any statistically significant differences between the levels of the risks associated with the phases of infrastructure investments.
The results obtained from this study are expected to give clear indication of the risk management strategies, that help governments and companies manage risks more proactively and thus more effectively.
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