Project Methodological Framework Of Risk Management

The paper discusses the most important elements of project-methodological framework of risk management.In terms of the global business environment, changeability, as well as uncertainty and business risks (of failure, non determined losses, piracy, fraud, etc.) being connected with changeability, are predominated. In this paper, the common economic science methodology, started with the conclusion abstraction (through analysis, synthesis, induction and deduction), through the specification (via economic modeling), up-to the methods of the generalization, descriptive, empirical, historical and comparative methods, as well as the observation method, have been applied. The graphic, schematic and table data representations for further explanations of modeling and understandding of subject areas are given.