Investment Projects, Business Armenia Spring and Mineral Water Production | Page 12
Risks and Risk Mitigation
As with each business initiative, the
construction of a spring/mineral water
packaging plant within the scope of the
project and its further operation will also
be exposed to certain risks that can
affect the effectiveness of the activity
and the performance of the intended
indicators.
As global risks that may affect the
project’s establishment and future
operation can be viewed:
foreign exchange fluctuations
social-economic
and
political
instability
a number of factors, depending on
foreign policy
Besides global risks there could be
other risk factors as well, such as:
inadequate planning, integration or
resource allocation
unpredictable price changes
specific delays, e.g., strikes, labor or
material availability
receiving interim certificates and
licenses
water quality
In order to implement the project, the
relevant organization should consider a
number of circumstances related to the
location of the premises and recognize
the need to follow them, such as the
acquisition of space, the construction,
the timing of the work, etc.
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