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With this work the author would like to give an §insight in the world of thinking of international §project management and the risks based thereon. It §deals with the case of an Austrian consortium §constructing a clinical hospital in Romania, §including a description of the relevant country risk §as well as the project specific exposures. This book §is meant to contribute to a higher awareness of risk §with the help of an example related to practice. The §complex topic of risk management and project §financing is prepared in a step-by-step procedure §for students of economics, start-up entrepreneurs as §well as companies who are planning to go §international.