4. Financial risk management

In addition to managing generic and schedule risks, the aim of financial risk management is to assess all types of contingencies before and during the project, and their impact in terms of additional costs. This is necessary in order to implement risk management actions that will guarantee the project's financial objectives.

The inputs to the analysis are :

• objectives (performance, costs and deadlines) ;

• Functional modeling of the system, subsystems and interfaces;

• flowchart of tasks and associated costs ;

• the phase-by-phase task strategy and planning.

The aim of financial risk management is to keep all structural and cyclical risks of delay below acceptable financial targets for...