Delivering a Project successfully requires the team to manage the threats and exploit the opportunities. From risk identification workshops, establishing risk registers to assessment and monitoring of risk, running Monte Carlo simulation and establishing full risk management processes, Proicere is here to help.

For larger projects, there is value in running regular Quantitative Risk Assessment (or Monte Carlo) models to support both cost and schedule outcomes. By taking performance to date, latest knowledge on scope, schedule, costs and latest risk position, this model provides a meaningful output to help the Project to understand likely outcomes. The process involves key project team members, meaning that outputs are “bought into” and any changes of direction can be instigated early enough to effect change.