Risk Management Design and Implementation
Risk Management adds the most value when it is integrated in project life. That is why it is important to remove it from the silo and start embedding with other processes and procedures.
Designing and implementing Risk Management that integrates can create significant advantages by bringing threat and opportunity to the forefront of project thinking to enable successful project delivery and realisation of benefits.
At D2, we are highly skilled at formulating Risk Management strategy and embedding for long term management and gain.
Risk Management Planning & Facilitation
Risk can be communicated and perceived in different ways. Failing to identify and describe risk appropriately can leave projects exposed.
Risk Analysis can often reveal wider issues that require urgent management attention. At D2, we can provide a skilled facilitator to evaluate individual risks which will help to mitigate at the earliest opportunity.
A structured risk review will ensure a true and reflective picture of risk is painted for management.
Risk Management Audit & Health Check
Health checks and Audits are as useful way of determining how well your current Risk Management strategy is working and where improvements can be made.
Health checks and audits can take place in the initial stages of project development or at key intervals in the project lifecycle. They can form part of a maturity assessment and are a vital way of evidencing and committing to continuous improvement.
At D2, we ensure that gaps are identified, resolution to improvement areas are found and processes made appropriate.
Quantitative Risk Analysis
Quantitative risk analysis uses verifiable data to analyse the effects of risk in terms of cost overruns, scope creep, resource consumption, and schedule delays.
D2 provides the following quantitative risk analyses, using Safran and @Risk, to build confidence and aid robust decision making.
Cost Risk Analysis to examine the effect of estimating uncertainty and risk on a project/ programme cost plan and budget. We can provide analysis which will prioritise key risks for management intervention.
Schedule Risk Analysis to examine the effect of duration uncertainty and risk on a project/ programme schedule. This analysis highlights areas of sensitivity within the schedule and the behaviour of the schedules critical path under uncertainty. We can provide analysis which will prioritise key risks for management intervention.