- Development of robust project risk management plans setting out the objectives, responsibilities & processes to manage risks on major infrastructure projects.
- Development of processes for identification of key risks including new risks which may emerge during a project.
- Clear allocation of responsibility within the risk management framework.
- Development of a risk breakdown structure setting out risk categories.
- Risk analysis & evaluation using qualitative and quantitative techniques.
- Risk response planning by the 'avoid, transfer, mitigate or accept' approach.
- Risk reporting & management using spreadsheets & specialist risk management software such as Xactium.