Risk management procedures application of technical risk assessment in FESTIP

Risks are produced by a wide range of technical and programmatic causes and their consequences can go from a performance reduction of the project, cost increase or schedule delays up to loss of mission, damage to property, environmental impact, human injury or even loss of life. An important aspect of the risk management is the Technical Risk Assessment of a project. This paper will show the application of these technical assessments in the conceptual phase of the Future European Transportation Investigation Programme, FESTIP.