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Railway infrastructure investments are really complex, demanding and time consuming processes. Two main parties take part in them – The Employer and The Contractor. The role of each of them is broadly described in the article. All main risks, to which they are exposed, are listed and commented. There are mentioned among others necessity of providing funds, tender procedures, law changes, materials ordering, safety, deficiency of workers, subcontractors and construction machinery. Consequences of materialize of risks are also pointed. Methods of the risk management, which either are used or could be imposed, are presented in the last part of the article

acta universitatis nicolai copernici. zarządzanie/acta universitatis nicolai copernici. ekonomia/acta universitatis nicolai copernici. nauki humanistyczno-społeczne. zarządzanie/acta universitatis nicolai copernici. nauki humanistyczno-społeczne. ekonomia

RISK MANAGEMENT ON THE EXAMPLE OF RAILWAY INFRASTRUCTURE INVESTMENTS