Risk Analysis & Management

We manage risks before they happen!

Project Risk Analysis & Management Services by ProgressGenic

Project Risk Management & Analysis is the process of identifying, analyzing and prioritizing risks that can impact a project. Managing the risks of the project ensures that it meets the stakeholder requirements by being proactive and identifying the potential risks before they happen.

Project Risk Management & Analysis allows you to identify potential issues before they happen so you can proactively mitigate risk factors contributing to project failure. In this article, we’ll discuss how you can manage risk on your next projects.

Identifying risks that could arise should be based on experience and knowledge. The identified risks need to be documented in a Risk Register, which is basically just a list of potential risks associated with the project.

Outsourcing Project Risk Analysis & Management Part of your project has following benefits to consider:

  • Expert Analysis
  • Save on Time
  • Cost Saving
  • Reports Quality
  • Risk Eliminations
  • Project Performance

We at ProgressGenic use different tools to identify and manage the potential risks in order to keep the smooth execution of your projects throughout the project life cycle.

What do we provide under Progress Reports & Dashboard Services?

Doing so, we pass through the following procedures that are useful in Project Risk Management & analysis:

  • Risk Assessments and Analysis
  • Mitigation Measures
  • Recovery Schedules

Frequently Asked Questions (FAQs)

We have a complete in-house Risk Analysis & management expertise that includes set of documents that are required to minimize to eliminate the potential Risks you project might face. Few are mentioned below:

  • Tender Stage Risk Assessment that includes Cost measures and Material related issues.
  • Planning Stage Risk Assessments including Baseline Schedule Development.
  • Risk Analysis related to EVM
  • Risk Factor Identifications that may occur due to Natural phenomenons 
  • Forecast Analysis and Control
  • Mitigation Measures 
  • Cost / Budget related Risk Assignments and management during Monitoring & Control part.

Our techniques eliminates risks before they even happen. The first step in managing risk is to identify all of the risks associated with a project – both positive and negative – during the planning process. This will involve interviewing key stakeholders and subject matter experts throughout the organization who may have knowledge of previous successes or failures with projects.

We maintain the data by keeping in mind the different factors such as:

  • Budget associated with the project
  • Legal requirements to be fulfilled for the project
  • Survey reports for Project areas that may create hurdles in completing project milestones
  • Natural occurrences that may come
  • Forecast assessments for on-time completion of the project

We assign probabilities or likelihoods for each risk based on historical data and factors such as past performance, current circumstances and available resources using one of several different methods out of which Multi-Attribute Utility Theory is mostly used by us.

You can discuss your project Scope and design with us (Surely after a Non Disclosure Agreement) in order for us to completely understand the project before moving ahead. If you require the services during tender phase then you shall sit with us to discuss each aspect needed in identification of potential risks that may involve in Project.

If you require our services in post tender phase or planning phase then you shall also involve with us through baseline schedule development phase as it will be the most important factor in minimizing the risks or integrating different Schedule strategies that may not be effected with any risks. If you do not have an in-house Planning setup then it is always better to outsource the Project Schedule Management services to us and we will handle everything from Schedule creation, resource and cost loading to all the Risk related reports throughout the Project life cycle.

You shall also share the project specifications related to Progress reporting / Project controls setup in your project’s conditions of contract, or, we may follow the FIDIC general conditions of contract to take care of reporting system. 

If such conditions happen where risk factors occur during the peak time of Project Controls then we immediately switch to our expert techniques through mitigation measures, Accelerated schedules or recovery schedules. In anyway, we are committed to help you complete your project on Time. This is what we are for.

Experts that are working under ProgressGenic are hired through multiple layers of interview procedures and hence appointed once analysed through every aspect. It means that we deliver our services with a top-notch professionailsm way. So, feel free to call us, write us or schedule a meeting with us to further discuss the services.

Project Risk Management by ProgressGenic

- Our Strategy

Why Choose us?

Competitive Rates

We provide top notch services at a very competitive rates keeping in mind the international market.

Budget Saving

You don't need to hire a full time employee for your project controls part when you get our services at when & where required.

Quick Hands

Our professional expertise doing the same jobs have made us work quickly than the norms. It saves your reporting time.

Quality of Document

Our tailored services provide you with high quality documentation under each category of our services you have acquired.

Project Success

We are not just a company, we are your partners. Your success is our success. The completion of a successful Project also maintains our standing in the market.

Track Record

13+ Years providing services, 1000+ Projects completed, 100% completion rate, 30+ Locations covered, Multiple Project Genres.

- Are you looking to maximize your success with our
Project Risk Analysis Services?

Don't get disappointed by unplanned circumstances. We are here to manage your risks!

- Contact Us

If you need Project Management & Controls services in your office / site or remotely, kindly contact us through below contact details or write us by submitting the contact form:

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Our Location

115 London Rd., Morden, London, England SM4 5HP

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