Ex-Ante Risk Estimation in the Production Project

Identification and evaluation of risk in the production project in the preliminary phase of its realization has important influence on manager’s decision about the project continuation, the reduction of project realization or the stop of project realization. The method of the quantitative ex-ante risk estimation in the project is proposed in the paper. The aim of the paper is to blow the whistle on importance of the ex-ante identification and estimation of the risk in the production project, as the factor which has positive influence on the project realization and implementation. In the article the following thesis is proposed: the ex-ante identification and estimation of risk in the project contributes to its efficient realization and increase possibility of obtaining the originally defined results.