This Project Risk Management service consists of identifying, analyzing and measuring project risk scores.
It is about listing risks, describing causes and effects, defining risk categories and assessing probabilities and impacts.
For each risk, short term preventive actions and short term remediation measures are defined. All engineering disciplines are requested to provide inputs.
A report is developed for several hierarchical levels.
Once the assessment has been performed several times, risk scenarios are designed for the most critical risks and their impacts on net present value estimated.