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    Question

    Which of the following is NOT a role of project sponsors

    in project finance?
    A Initiating and developing the project Correct Answer Incorrect Answer
    B Securing financing for the project Correct Answer Incorrect Answer
    C Managing the project's construction and operation Correct Answer Incorrect Answer
    D Mitigating project risks Correct Answer Incorrect Answer
    E Providing personal guarantees for the project's financing Correct Answer Incorrect Answer

    Solution

    Project sponsors are responsible for initiating and developing the project, securing financing, managing the project's construction and operation, mitigating project risks, and contributing equity to the project. However, providing personal guarantees for the project's financing is not typically a role of project sponsors in project finance, as the financing is typically secured by the project's assets and cash flows rather than the personal assets of the sponsors.

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