PROJECT RISK MANAGEMENT

Service: We apply risk management to major business decisions or business projects. This enables senior management to make balanced, independent and consistent risk-reward decisions regarding projects. The aim of this service is to dramatically improve the business decisions made, and better ensure greater success of the options open to managers. 

These solutions can be applied before a decision is made, at the point of decision or following a decision.

Why should I buy it?

We apply risk management to the following types of decisions:  
    -     Outsourcing
    -     Changing the business model
    -     Purchasing property or other physical assets
    -     Introducing new products
    -     Accessing new buyer markets
    -     Modifying production processes or products
    -     Engaging in new overseas business operations
    -     Allocating budgets and capital
    -     Changing distribution channels
    -     Acquiring new businesses
    -     Merger and acquisitions 
    -     Downsizing
    -     Entering into joint ventures or other alliances

Example Deliverables

    -     Identification of the potential exposures on each decision and their impact
    -     Bespoke models that weigh the risk and reward of the decision
    -     Practical recommendations that relate to the selected option

Benefits: 

Financial
   -    To inform capital allocation and cash flow modelling.
   -    To improve the efficient use of resources and overall performance.
Non-Financial
   -    To minimise the impact of major uncertainties following strategic choice.
   -    To improve the robustness of the overall decision making process.
   -    To reassure key stakeholders that valid decisions are being made.
   -    To challenge assumptions made by dominant personalities or in well-established systems.
   -    To create buy-in and better communication in the company.