Page 121 - Proceeding 2015

NICOLAE Ciprian FAMP
QUALITATIVE ANALYSIS OF THE RISKS IDENTIFIED IN THE MANAGEMENT OF THE NON-
CCASP
REIMBURSABLE FUNDS IN ROMANIA IN 2007-2013

institutions involved within the non-reimbursable funds management as internal management control
standard.

The current scientific literature in the field comprises a lot of papers treating risks from private companies’
PROCEEDINGS OF THE 11 TH ADMINISTRATION AND PUBLIC MANAGEMENT INTERNATIONAL CONFERENCE
perspective and a few recent papers on themes that have also applicability to public administration
(Didraga, 2013; Iordache, 2012). The studies and analysis on risk management in non-reimbursable funds
in Romania are in the early stages and refers to specific issues, such as risks related to specific

procurement procedures (Badea and Nicolae, 2015a) and to insurance of risks specific to non-
reimbursable funds management system in Romania (Badea and Nicolae, 2015b).

Thus, the research methodology put a focus on actual Risk management methodologies used at the level

of managing authorities and intermediary bodies involved in the European and national funds
management system. Using the provisions of Law no. 544/2011 on free access to public information we

obtained risk management procedures, risk registers and risk action plans from 35 authorities and public
institutions out of the 50 intended to be covered by the analysis.
30 th – 31 st October 2015 ”Strategic Management for Local Communities” Bucharest Within the exhaustive analysis of the risks identified by the Romanian authorities and institutions involved

in the non-reimbursable funds management system, the current study focused on the qualitative aspects
of these risks. In this respect each risk was analyzed for consistency and appropriateness to the non-
reimbursable funds management activity. Out of a more that 500 individual risks cumulated from the

organizations that submitted the requested information, 467 risks were considered to be specific in terms
of not fully duplicating the meaning of other risks. This resulted by cumulating all the reported risks, out
of which the identical risks were eliminated.

As many of the reported risks are not consistent to the accepted definition of risk, both of the economic
theory and of the risk management procedures used by the mentioned state authorities and institutions,
a further selection was carried on. In this respect, the risks were redefined, resulting only 120 coherent

risks that cope to risk definition: potential loss, loss caused by the evolution of risk factors to the contrary
of the expected results (Bârsan-Pipu and Popescu, 2003).

Both the 467 initial risks and the 120 coherent risks were distributed on key activities/areas and project

cycle management phases, in order to analyze the risk coverage degree of the whole non-reimbursable
management system.

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