Assessing and Mitigating Risk in Economic Development Projects: August 26-27, 2013

Group-live course
Prerequisites: None
Course level: Advanced   
CPE credits: 16
Time: 2 days, 9:00 am – 5:00 pm (both days)


Registration form
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Who Will Benefit 
Finance directors or other finance officers involved in economic development activities

Many economic development projects carry a certain degree of risk, and in fact, the existence of such risk is what sometimes prompts government incentive to carry them forward.  For the finance officer involved in evaluating economic development proposals and projects, it is important to understand what those risks are and how they might affect results.  Feasibility studies, for example, should include an analysis of risk and uncertainty.

This course will explore the assessment of risk and uncertainty from a practitioner’s perspective, focusing on areas of analysis, tools, and resources needed to conduct a thorough assessment.  Participants will receive hands-on experience using the various tools.  Instructors will also lead discussions on the use of outside consultants, effective communications, and available resources to evaluate economic development assumptions.

Seminar Objectives

  • Understand the risk areas of economic development  projects
  • Understand how to assess the impact of risks on economic development projects
  • Learn how to use various analysis tools and resources to assess risk
  • Understand where outside resources can be effective in assessing risk
  • Learn methods of communicating risk and impact analysis to stakeholders

Recommended Reading

Registration Fees
GFOA member:  $370     Nonmember:  $550