Public Sector Governance and Risks: A Proposed Methodology to Do Risk Assessments at the Program Level

Abstract

Risk assessment methodologies and processes for development programming at the country and sector levels are well explained both in the literature and in the practices of several institutions. What is needed, and more relevant on a day-to-day basis for the programming of the Asian Development Bank (ADB), is a risk assessment methodology at the individual program level. This paper suggests one particular methodology to do risk assessments at the program level in designing ADB programs.