Management of High-Tech Project Risks in the Condition of Economic Crisis

In this paper considered possible risks of high-tech projects and analyzed the impact of the economical crisis to risk management of Kazakhstan projects. In the current study analyzed the significant dependence of project success on risk factors which appear during crisis. The study found that good management of these factors and using new methods and technologies can help to achieve high efficiency in risk management. The manager of the high-tech project must continuously monitor (control) the situation at each stage, responding in a timely manner to the weak signals of the likely risk despite all the methods and techniques used to reduce the risk. If we miss the beginning of the development of a risky event, then, despite the subsequent correct actions, the losses will be much higher than if anticipating the impending danger. This is the golden rule of anti-crisis management. The manager should remember that risks can cause losses not only to the organization, but also to him through showing the level of efficiency of his work.