Risk management is the process of evaluating and implementing procedures to monitor and mitigate any risks that may arise during the lifecycle of a project. This process involves systematic planning to create a risk management plan to identify any risks, assess any potential impact, financial implications and create a strategy to recover damages if a loss occurs. Our services deliver high quality risk management and risk analysis to recognise any potential problems as early as possible so that the opportunity to reduce the impact is maximised and efficiently managed. We ensure we work together in line with the value and schedule processes which enables us to support our clients to deliver the best outcome and achieve the goals set out.

Our Approach

We provide a risk analysis of your project schedules by developing a model. We will identify the uncertainties as well as the risk spectrum by way of interviews with your team. We will then analyse the model using the Monte Carlo simulation. In the end, we will provide a complete report to help you make important decisions.

We also provide a cost risk analysis to help you establish contingency, determine KPIs and project the cost outcomes. We will develop a cost model for you in a similar manner as above – identify the risk spectrum, analyse the model using the Monte Carlo simulation and provide a report.

Our Risk Management Services

• Risk management planning
• Risk acquisition
• Process and procedures
• Risk register
• Risk analysis
• Risk monitoring
• Risk control
• Risk awareness training
• Risk mitigation
• Risk transfer
• Risk management
• Assessment of the possible consequences of an impact
• Claims risk management
• Dispute avoidance

Request a Consultation

Interested in mitigating the inherent risks of your construction project? Talk to one of our consultants today!
Call 7706 434 164 now to make an appointment.