We see risk management as a pro-active exercise designed to enable the identification, analysis and effective on-going management response to risk in a construction project. As a method of dealing with uncertainties, risk management includes the active management of both threats and opportunities, which helps with decision making strategies, contract negotiations and financial management.
By identifying the project risks we can help to determine the most appropriate course of action, whether it is to tolerate, transfer, treat or terminate any given risk. Attitude to risk varies from person to person and therefore it is our job to understand each and every clients’ requirements to assist in the most appropriate manner.
With our wealth of experience, we are able to work with a client or design team to manage risk during a construction project by preparing and costing risk registers, agreeing suitable contingency allowances, mitigating unacceptable risks or installing risk managing processes.