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RISK

MANAGEMENT

The forecasting and evaluation of financial risks together with the identification of procedures to avoid or minimize their impact.

Risk management is an approach based on increasing the probability and impact of positive risks (opportunities), and decreasing the probability and impact of negative risks (threats). RAMJAC integrates risk management expertise with complementary practices in cost estimating, CPM scheduling, and EVM consulting to assist clients in making strategic decisions.

 

RAMJAC’s risk management professionals develop project-specific risk management plans that:

 

  • Provide proactive and comprehensive risk management throughout the project lifecycle;

  • Analyze adequate cost and schedule contingencies;

  • Create cost-effective risk response plans;

  • Mesh effective risk reporting formats with communications; and

  • Integrate risk management with other project management processes.

 

SERVICES

  • Developing Risk Management Plans and Risk Registers

  • Organizing and Leading Risk Workshops

  • Performing Schedule and Cost Estimate What-If Analysis

  • Qualitative and Quantitative Risk Assessments

  • Recommending Schedule and Budget Contingencies

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