Risk Management

SR 520 Bridge Replacement and HOV Program GEC | Washington, US
Risk Management for Alaskan Way Viaduct | Seattle, WA, US
Risk Management for Alaskan Way Viaduct | Seattle, WA, US
Risk Management for U.S. Customs and Border Protection | Nationwide, US
Risk Management for U.S. Customs and Border Protection | Nationwide, US
New York Water Supply Kensico Reservoir | New York, NY, US
New York Water Supply Kensico Reservoir | New York, NY, US

Cost overruns and scope and schedule slippage pose critical threats to the success of any plan, project or program. We developed a set of program and project management support tools to identify and mitigate these risks and increase the likelihood of your project staying on schedule and within budget. Our highly successful methodology enables clients to achieve these objectives by providing an innovative and transparent approach to better manage their projects.

Our multistage management process helps clients understand project risks and risk response strategies within a quantitative and probabilistic framework. The process engages the full project team and stakeholders at several stages by using technical and open forums to identify and quantify potential risks and develop mitigation strategies. Working with clients, we determine solutions to the toughest project challenges while enhancing the cost effectiveness and functionality of their projects and providing them financial protection. Our economics and finance team has applied these services to more than 200 infrastructure investments, among them projects on highway, rail, ports, airports, tunnels, water and wastewater treatment facilities, hospitals and convention centers.

Services include:

  • Contingency Management
  • Cost & Schedule Risk Analysis
  • Cost Risk Analysis & Value
  • Engineering (CRAVE™)
  • Operational Risk Analysis
  • Schedule Optimization