Risk Analysis: Submarine Cable Network

Risk Analysis All of the parties involved have been very optimistic for the outcome of this multinational project, since they had been very well prepared to minimize the risks and uncertainties that might come during the completion of this project. Therefore, most people assumed that SCCN as one of the leading greenfield project for submarine cable network in the world that was financed in Australia and New Zealand. Just like any other project ever conducted, this project did not come without any risks involved. Some of the risks identified prior to the execution of the project, they were: Completion Risk, Market Risk, Infrastructure Risk, and Force Majeure Risk. These risk had been excellently mitigated by designing a good financial structure, …show more content…
• Infrastructure Risk
In this type of risk, the risk factors that were identified are related to the infrastructure needed to support and complete of the submarine cable network. Factors such as route survey and route selection for the cable network that must be placed in the right area, needing for further research and study in order to get the most efficient route. Therefore this project done the finalization of desktop study and completion of route survey before the financial activity ended in order to mitigate the risk and got the route well planned.
• Force Majeure …show more content…
In case of SCCN, this kind of risk are mitigated by having an excellent design on the part of the cable itself, as well as supporting programs, facilities and infrastructure. The cable were designed to always be available more than 99.99%, with the downtime period predicted to be approximately 50 minutes every 10 years, which represents substantial improvement on the existing average single-strand trans-Pacific cables that only has availability of 98% with 66 days downtime every 10