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Supporting Option Choice and Project Approval Decisions

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Supporting Option Choice and Project Approval Decisions

By Broadleaf Capital International

Supporting Option Choice and Project Approval Decisions

By Broadleaf Capital International
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This case study describes risk assessment activities to support a large capital project in the mining sector, first to assist in selecting a technology option and later as an input to the board’s decision on granting formal project sanction and Notice to Proceed. It demonstrates the value of comparative risk assessment, a staged approach to setting priorities for addressing uncertainty, and the role of risk management in supporting project decisions.

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