From the earliest stages of identifying potential benefits to be gained, be it asset enhancement, capacity increase, or process or organisational change, we deploy risk management to open opportunities and improve resilience. We continue to use risk management coupled with value based methods to support and optimise cost, schedule decisions and good governance as part of a wider suite of leading-edge project management and controls tools.

Improved decision making using our expertise in challenging and analysing threats and opportunities, through scenario planning on both resource/cost and time constraints, increases the confidence that management and boards have in steering the project towards a successful business and stakeholder outcome.

Often our approach also has to satisfy other compliance requirements such as corporate governance and social responsibility. We ensure that policy and internal controls or audit functions are fully catered for. This not only provides appropriate visibility and integrity of risk data, but also permits escalation of threats and opportunities to the best management level within agreed risk tolerance levels.

While we can deliver commissions focused on deployment of project risk management or analysis on specific schemes, we are increasingly integrating our project risk management approach with the suite of project controls and management tools which underpin development and delivery. This permits our identification, assessment and treatment of scenarios that can threaten the project objectives, or indeed the opportunities to make amends for added benefit. This allows us to drive cost, schedule quality and compliance performance in an integrated and cost effective manner. We believe that a built-in rather than bolt-on approach is the best way to do more for less.

Our integrated approach has led to deployment in earlier and later phases of the project lifecycle. This includes alignment with value and benefits management and evaluating the sources of uncertainty at an early stage, so as to enable refinement of the project scope in view of cost effective response plans. We have linked our approach with lean and innovative principles to minimise waste and open opportunities. We also exploit our processes to identify and assess the potential risks facing operation of an asset being delivered to ensure improvements can be addressed during design development.