Risk and opportunity management

Formalisation and structuring of risk and opportunity management within your organization, inspired by the highest industry standards.

• Risk appetite and tolerance statement
• Multi-level risk management processes
• Risk assessment methodologies and tools
• Definition of financial reserves
• Performance indicators

Assessment of the severity of risks and opportunities to prioritize efforts and implement a proactive action plan to control potential impacts.

• Facilitation of multidisciplinary workshops
• Consideration of a wide range of strategic issues beyond cost and schedule concerns
• In-depth analysis of interface risks
• Clear and concise view of priority risks to facilitate communication with stakeholders

Quantification of the monetary and time impacts of risks and recommendations on required financial reserves, supported by advanced statistical methods and BF Strategy's experience.

• Cost base structuring
• Monte Carlo simulations
• Project, program, and portfolio reserves
• Risk pooling and sharing
• Analysis of contract clauses

Analyses based on statistical approaches and key indicators to support decision-making.

• Sensitivity analysis
• Claims modeling
• Probabilistic project schedule
• Insurance coverage evaluation

Development of proactive action plans and continuous monitoring of risks to support objective achievement and maximize benefit delivery.

• Dynamic risk register (SharePoint)
• Definition of response plans to control risks
• Monitoring the use of reserves and the project schedule
• Dashboard to visualize key indicators (PowerBI)
• Assistance with accountability reporting

Development and facilitation of risk management training tailored to organizational maturity and audience.

• Project risk management training
• Organizational risk management training
• Training on quantitative risk analysis and Monte Carlo simulations
• Various target audiences: corporate level, directors, analysts, etc.