Risk Management

Project and Schedule Risk Management Specialists

Risk Management Specialists

 

PMA Consultants risk management specialists identify and evaluate project risks, manage risk registers, facilitate qualitative risk assessments, conduct quantitative risk analysis, and develop risk mitigation strategies and plans. We develop qualitative risk assessments in conjunction with project stakeholders; integrate those assessments into robust, quantitative cost and schedule risk analysis; and monitor and mitigate any risks accordingly. Throughout the entire management process, risks are continually monitored and mitigated accordingly.

 

As a premiere component of the PMA toolkit, NetRisk™ is the first and only Monte Carlo risk analysis software that can model the risk of float use during simulation. We use NetRisk to develop qualitative risk assessments in coordination with project stakeholders; integrate those assessments into robust, quantitative cost and schedule risk analysis; and monitor and mitigate any risks throughout the entire risk management process. Using NetRisk’s spreadsheet-style interface, we can derive data directly from Excel and map costs directly to activities or level-of-effort type activities, resulting in a truly integrated cost and schedule risk model for our clients.

 

Risk Analysis

 

PMA’s risk assessment experience include more than 150 projects in more than 20 countries worldwide, ranging from under $10 million to over $1 billion. We offer tremendous depth and breadth of risk management experience across diverse industries—transportation, infrastructure, pharmaceutical, oil and gas, power, petrochemical, and manufacturing. Our risk services are strengthened as a result of our extensive portfolio in project management, construction management, and project controls.

 

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