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Project risks

 

There are many benefits to managing risks associated with projects including:

  • Achievement of project outcomes
  • Reduced scope creep and time / cost variations
  • Early identification of issues
  • Clear risk, control and treatment ownership, specifically through:
      • Project governance structures
      • Risk identification, reporting and escalation
      • Contracts and agreements
      • Risk financing and indemnities
  • Ensuring appropriate and effective controls exist for management of projects
  • Ability to repeat project successes

We can assist you and key stakeholders to achieve these through:

  1. The development of project risk management procedures that align with your chosen project management methodology
  2. Facilitation of project risk management workshops to identify key risks during each phase of the project life cycle (pdf)
  3. Guidance on adequate and best use of risk transfer and risk financing options
  4. Assistance with minimising consequences for projects that are deviating from their defined scope, quality, time and costs

For more information please contact risk and governance services team on 08 9483 8888.

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