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Link to the study - European Parliament - Europa

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Policy Department D: Budgetary Affairs<br />

____________________________________________________________________________________________<br />

Conclusions<br />

It can be concluded that project management:<br />

As established from <strong>the</strong> beginning of <strong>the</strong> decommissioning of <strong>the</strong> EWN reac<strong>to</strong>rs, is one of <strong>the</strong><br />

major fac<strong>to</strong>rs in achieving planning reliability and cost efficiency;<br />

Tools tailored <strong>to</strong> <strong>the</strong> needs in this decommissioning project provide a reliable control <strong>to</strong>ol <strong>to</strong><br />

perform estimates of time and cost requirements;<br />

Tools make it possible <strong>to</strong> track work progress continuously and closely, <strong>to</strong> validate initial<br />

estimates and <strong>to</strong> increase overall estimate reliability;<br />

Is, besides general management fac<strong>to</strong>rs, a major reason why decommissioning in Greifswald<br />

kept on track.<br />

3.4.4. Risk management<br />

Requirements<br />

Public entities such as EWN are required by law (HGrG 2013) <strong>to</strong> apply best practice in <strong>the</strong>ir business<br />

accounting and <strong>to</strong> regularly check due diligence of <strong>the</strong>ir commercial practice. Additionally s<strong>to</strong>ck<br />

companies are required <strong>to</strong> install and operate an early warning risk detection system (AktG 2013) 10 .<br />

Even though not formally applicable in this case, BMF as owner and as funder required EWN <strong>to</strong> install<br />

a dedicated Risk Management System (RMS) and <strong>to</strong> concentrate all company activities that handle,<br />

evaluate and control risks within that consistent system.<br />

Practice<br />

Figure 25 shows <strong>the</strong> four different fields of managing risks and describes <strong>the</strong> main tasks that activities<br />

in <strong>the</strong>se fields address.<br />

10<br />

§ 91 Aktiengesetz: „Organisation Buchführung: (1) Der Vorstand hat dafür zu sorgen, daß die<br />

erforderlichen Handelsbücher geführt werden. (2) Der Vorstand hat geeignete Maßnahm en zu treffen,<br />

insbesondere ein Überwachungssystem einzurichten, damit den Fortbestand der Gesellschaft<br />

gefährdende Entwicklungen früh erkannt werden.“<br />

86

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