Risks and Assumptions Flashcards
Risks are
key events, actions or decisions
upon which project success depends
which may be subject to delay or which may not materialise.
Risks are not supposed to occur
but there is a probability that they might
Assumptions are
external factors
outside the immediate control of the project,
crucial for
the achievement of activities, results and objectives
The aim of specifying assumptions and preconditions is to
ID and assess
potential risks to, dependencies of, the project right from initial stages of the project design,
to support the M of risks during the Imp of the
project
to provide a basis for necessary adjustments.
It is important to identify the assumptions at
each level of the logical framework analysis
Some assumptions can be identified during the
analysis phase as objectives included in the
objective tree
Those objectives are not achieved by the project but
they can be important for achieving the purpose of the project
For example
a nutrition project may have ‘improved nutritional status of the population’ as its purpose, in a context where this may only be achieved on the condition
that a complementary water project achieves its specific objectives.
One of the assumptions behind the nutritional project therefore may be that this condition is met
Other examples are:
‘access to water will be guaranteed, assuming that there is no sabotage of the transmission line of the water system’,
other example
‘capacity in the region will be improved,
assuming that
the authorities continue to participate in training’,
other example
‘a system can be built in a specific area, assuming that access to the area is guaranteed’.
There are different levels of assumption depending on
Their relevance to the project.
If an assumption for success is unlikely
Then the project should be redesigned
If it is sure, or almost sure,that it will occur,
Then it is not necessary to include it in the logical framework
Preconditions
A precondition is a
condition that must be satisfied before the project starts.