Risk Allocation in Joint Ventures

The method of risk allocation within joint-ventures differs from project to project. In a jointventure the division of responsibilities and risks is not always clear for the participating parties. At this moment there is no model which can lead the risk allocation to good results within a joint-venture. This study has been developed by conducting a literature study and a case study in order to find a suitable model for risk allocation in joint ventures. Using this model, the parties are more aware of risk allocation and it can serve as a guideline the process of risk allocation, as a result of which the participating actors will be able to get a handle on the process