Non-technical risks
Social Impact Assessment: Guidance for assessing and managing the social impacts of projects, published by the International Association for Impact Assessment in April 2015, suggests that non-technical risks: ‘…relate to the managerial, legal, social and political issues faced by a project, in contrast to the technical risks (i.e. the physical, structural, engineering and environmental risks). The technical and technocratic focus of many project staff (and their asocietal mentality) means that the technical risks are usually fully considered whereas the non-technical risks are under-considered or ignored altogether. Nevertheless, because of the protest actions local communities can take, non-technical risks are potentially serious financial risks to a project and therefore should be fully considered and addressed. For more information, refer to: Davis, R. & Franks, D. 2014 Costs of Company-Community Conflict in the Extractive Sector.'
See also: Social risk.
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