The allocation and documentation of hydrological risk

This article relates the risks of hydrological flow rates, seasonality and extreme events. Risk is considered from the perspectives of the various players involved in projects. The analysis will consider specific issues which affect hydrological risk, such as climate-change, watershed protection and river basin management, and quality of hydrological records. The article will also attend to the issues of management and mitigation of hydrological risk throughout the different stages of a project and how this is reflected in the project and financing documents.