1. Concept of risk [13]

“Risk is an uncertain event or condition that, if it occurs, has a positive or negative effect on the project objectives”.

2. Concept of risk management [13]

“It is the systematic process of identifying, analyzing, and responding to project risks. It includes maximizing the probability and consequences of positive events and minimizing the probability and consequences of adverse events to project objectives and is divided into six steps: planning, risk identification, qualitative risk analysis, quantitative risk analysis, risk response planning, and risk monitoring and control”.

3. Concept of performance evaluation [43]

“Performance evaluation is the process of building the decision maker’s knowledge regarding the specific context in which he is proposed to evaluate, from the perception of the decision maker himself through activities that identify, organize, measure ordinally and cardinally, and integrate and still provide the ways to visualize the impact of their actions and foster its management”.