Risk in transport projekts

Abstract: The paper discusses the issue of risk in transport projects. The first part includes the analysis of definitions developed to describe the notion of risk. Based on the studies of the literature on the subject, the author discusses the ways the scholars dealing with this subject- matter perceive risk. The second part includes the discussion of risk sources and factors in transport projects, depending on individual project implementation stages. The third part consists in the author’s analysis of risk sources together with the presentation of basic risk factors assigned to such sources which affect the possibility of reaching the set objectives as part of a transport project being implemented. Keywords: Risk; Source of risks; Risk factor