RISK ASSESSMENT METHODS AND FEATURES OF THEIR USE IN HOUSING CONSTRUCTION FINANCING

The article examines modern methods of risk assessment, analyzes their advantages and disadvantages, as well as features of use. In particular, it is determined that most of them are based on the use of statistical data and postulates of probability theory. In the case when obtaining the necessary initial data is difficult, the methods of analogues or expert assess-ments are used, but they are subjective. In a separate group, we can distinguish methods that are based on the use of mathematical modeling, such as the scenarios method, project sensitivity analysis or game theory. Housing construction is characterized by a high level of risk, and the specifics of the industry complicate its unambiguous assessment and, consequently, its management. Therefore, to effectively manage the risks of financing the housing construction, it is necessary to choose an assessment method that can provide the most accurate result. The amount of risk in housing construction financing directly depends on the chosen financing mechanism, and its total value will consist of the sum of individual risks that arise at different stages of the process, and the amount of which can be estimated using different methods. It is necessary to develop a combined assessment model that not only combines different risks, but also considers them as a single object, the individual parts of which are not only related, but can also cross-influence each other. Such a model will combine economic-statistical, expert methods and methods of mathematical modeling.