Risk Management
Building success amidst uncertainty
Project managers navigate project delivery through a landscape of uncertainties, anticipating obstacles, and devising clever strategies to ensure success. Risk management is a crucial aspect of any successful project or program, providing a systematic approach to identifying, assessing, and addressing potential threats.
By conducting comprehensive risk assessments, organisations gain a keen understanding of vulnerabilities and are armed to face any challenges head-on. Armed with this knowledge, they embrace and manage risks, transforming them into stepping-stones towards their goals.
By applying best practices, we undertake meticulous risk identification, evaluation, and response planning, carefully balancing risk profiles and guiding projects towards success while safeguarding against costly setbacks.
Risk Management
Building success amidst uncertainty
Project managers navigate project delivery through a landscape of uncertainties, anticipating obstacles, and devising clever strategies to ensure success.
Risk management is a crucial aspect of any successful project or program, providing a systematic approach to identifying, assessing, and addressing potential threats.
By conducting comprehensive risk assessments, organisations gain a keen understanding of vulnerabilities and are armed to face any challenges head-on.
Armed with this knowledge, they embrace and manage risks, transforming them into stepping-stones towards their goals.
By applying best practices, we undertake meticulous risk identification, evaluation, and response planning, carefully balancing risk profiles and guiding projects towards success while safeguarding against costly setbacks.
As risks are skilfully transformed from potential threats to manageable challenges, project risk management becomes the driving force behind successful project delivery.
We simplify risk management to make the process easy, transparent, and reportable. In balancing innovation and risk, we help customers mitigate project, program, portfolio, and business risk.
We offer one-off or tailored ongoing support by understanding risk requirements and areas of focus, embedding risk management as a daily practice within delivery teams.
As risks are skilfully transformed from potential threats to manageable challenges, project risk management becomes the driving force behind successful project delivery.
We simplify risk management to make the process easy, transparent, and reportable. In balancing innovation and risk, we help customers mitigate project, program, portfolio, and business risk.
We offer one-off or tailored ongoing support by understanding risk requirements and areas of focus, embedding risk management as a daily practice within delivery teams.
KBR embraces the portfolio view of risk management and project assurance, which produces an end-to-end integrated project assurance framework (IPAF) from portfolio to project, encompassing assurance, risk and compliance.
We do this at a project level, a program level and portfolio level.
KBR embraces the portfolio view of risk management and project assurance, which produces an end-to-end integrated project assurance framework (IPAF) from portfolio to project, encompassing assurance, risk and compliance.
We do this at a project level, a program level and portfolio level.
Project risk considers risk and opportunities on the project, evaluating success criteria, typical time, cost and quality, and safety. This ensures the project manager has a strong understanding of the key risks, controls and mitigations to ensure aggregation and better management across the program.
Program risk focuses on the impacts on the program (a set of similar projects delivering stakeholder benefits). Understanding program risk provides project managers with an overarching view of the projects within the program, ultimately optimising project delivery.
Portfolio risk is focused on the future strength and growth of the organisation. Risk at a portfolio level includes strategic and external facing threats and opportunities, such as lack of competitiveness or innovation within the organisation; or perhaps increased competition in particular markets. The portfolio also provides oversight of the programs, and provides assurance and reporting to the board of directors, optimising program delivery.
Project risk considers risk and opportunities on the project, evaluating success criteria, typical time, cost and quality, and safety. This ensures the project manager has a strong understanding of the key risks, controls and mitigations to ensure aggregation and better management across the program.
Program risk focuses on the impacts on the program (a set of similar projects delivering stakeholder benefits). Understanding program risk provides project managers with an overarching view of the projects within the program, ultimately optimising project delivery.
Portfolio risk is focused on the future strength and growth of the organisation. Risk at a portfolio level includes strategic and external facing threats and opportunities, such as lack of competitiveness or innovation within the organisation; or perhaps increased competition in particular markets. The portfolio also provides oversight of the programs, and provides assurance and reporting to the board of directors, optimising program delivery.
Our services and solutions portfolio
- Project risk frameworks & Management
- Digitally optimised risk delivery
- Cost and schedule risk analysis
- Contingency control and management
- Decision and options analysis
- Risk control and monitoring
