Banking · Project Risk Management
In project financing, completion risk is often regarded as one of the most critical pre-COD (Commercial Operation Date) risks. Completion risk refers primarily to the possibility that the project:
- 1may fail to be completed on time, within budget, or as per required performance standards✓
- 2may be refinanced at a higher interest rate
- 3may face lower-than-expected traffic after 10 years
- 4may not attract long-term investors in the bond market
Correct answer
may fail to be completed on time, within budget, or as per required performance standards
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