Managing risk is a critical part of the success of any project. Our specialist training and experience within the field of risk management and control, combined with our expertise in programming and contractual advice, allows us to offer a comprehensive service to our clients in the field of risk management.
Our risk management solutions are realistic and practical, balancing risk awareness with business and performance objectives, taking into account probability of occurrence and possible impacts on time and cost. Cost and schedule risk analysis is undertaken to examine the likelihood of achieving key dates, check budgets and to develop risk registers and any appropriate risk allowances.
Effective risk management improves control of strategic programmes, project and operational risk through the development life cycle. The benefits of this include:
better understanding and safeguarding of critical success factors
improved confidence in the selection of cost-effective options
compliance with corporate governance and regulatory requirements
improved communication and understanding of uncertaintly at all levels