Risk Management in Economic Development

Community leaders must understand the role and importance of feasibility analysis, risk management and the process of assessing and mitigating risk if they are to make wise decisions regarding the investment of public funds in business and development ventures.  

The Business Assessment Matrix” (BAM) is one tool that can be used to evaluate numerous issues, to identify weaknesses requiring remediation, and to build on strengths related to business ventures and development projects.  You will learn to break characteristics of the project into their component parts in order to minimize risks and to increase the chances for long-term success and sustainability.

Please visit our partner site, The Matrix Assessment Group, to learn more about BAM.