Economic efficiency, financial risks and timing for investment projects implemented with borrowed funds

There is justified the increased need to analyze and evaluate an investment project in the interdependence of its three parties (in three dimension) – efficiency, risks and timing. Specified the concept and proposed the classification of financial risks. The impact of the time parameters of the investment project on its economic efficiency and financial risks has been analyzed. Considered the specifics of the relationship between economic efficiency, financial risks and the time parameters of the project when financing it with borrowed funds.