Implementation Risk

Definition ∞ Implementation risk refers to the potential for adverse outcomes or failures arising during the execution phase of a project, system, or strategy. These risks stem from issues such as technical difficulties, resource constraints, human error, or unforeseen complexities in putting plans into action. It represents the hazard that a concept will not be realized as intended.
Context ∞ In the context of blockchain and digital asset projects, implementation risk is a frequently discussed concern, particularly with new protocol upgrades or decentralized application deployments. News reports often highlight delays, bugs, or security vulnerabilities that surface during the rollout of new features. Thorough testing and phased rollouts are critical strategies for mitigating these operational hazards.