MODELING PROJECT RISKS IN THE DEVELOPMENT OF A WIND POWER PLANT PROJECT

The construction of a wind power plant is complex project that requires many years, during which time all the interested parties are exposed to numerous risks, including some with potentially devastating consequences. In this article, methodology for modeling risks in development presented, taking into account specific circumstances Republic Croatia. applied method risk analysis belongs group probability methods use Monte Carlo simulation analysis. identified and manner conducting qualitative quantitative described detail. Using example 20x1 MW plant, economic criteria decision making explained incorporated model. This model projects Croatia constructed Microsoft Excel intended makers developers. Although reference case Croatia, it can be adapted any market whatsoever.