Every project carries risk; the question is whether that risk is understood and priced, or left to surface as a surprise. We apply quantitative methods to model schedule and cost risk, helping clients set realistic contingencies and make informed decisions about which risks to retain, mitigate, or transfer.
What this service covers
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Quantitative schedule risk analysis — modelling the probability and impact of delay events on the overall programme.
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Quantitative cost risk analysis — Monte Carlo-based modelling to establish realistic cost contingency levels.
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Risk registers and workshops — structured identification and assessment of project-specific risks with stakeholders.
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Risk transfer strategy — advising on insurance, bonding, and contractual risk allocation.
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Ongoing risk monitoring — tracking how the risk profile evolves as the project proceeds.
Risk management as a living process
A risk register completed once at the start of a project loses its value quickly. We treat risk management as an ongoing process — revisiting assumptions, updating the model, and keeping contingency planning aligned with how the project is actually performing.