The biggest risks that project sponsors confront with in modern conditions of global financial and general economic crisis are: political, legal, financial, constructive, operational and commercial risks. Political risk comes out of potential possibilities of political phenomenon, like war, revolution, expropriation of active, the change of tax policy, currency devaluation, and problems of controlling foreign exchanges, exporting limits, and all other Government activities, that can influence on the project profitability. However, political risks can be extremely high, especially in developing countries, which have unstable Government so that all Government changes can influence on the project policy as well as on project sponsorship.