Risk Management
Risk Management Practice 1Q2011
Capital Project Integrity Validation for Capital Project Investment
We are teamed with a business risk consulting firm and a global classification society to provide
the business risks and technical risks, respectively, in capital project investments. Together with
PEG evaluating the project and project management risks, a BOD can gain comfort from a TRIAD
third party independent assessment and decision support package for the investment. The
independent three-company assessment is risk-based and validated.
Risk Management for Strategic Development Projects
Risk Management Services
More foresight, fewer setbacks. You can identify, prevent and mitigate potential costly delays and
disruptions before breaking ground or during project execution with PEG’s risk management
services. Our construction experts understand the changing engineering and construction
industries and draw upon years of experience to provide cost-effective solutions that work. We’ll
be there throughout the construction process, helping you to make informed decisions and keep
your project moving forward.
PEG provides construction and engineering risk management by identifying and analyzing potential
risks that may occur throughout the construction process. PEG’s construction management team
performs risk assessments on construction projects to assist our clients in preventing and
mitigating costly potential delays and disruptions.
As the complexity of construction and engineering projects changes, the magnitude of risk
involved for owners, contractors, architects, and engineers increases the possibility of negative
impacts and damages on projects. PEG recognizes this potential. Our construction management
consultants adapt to the continuously changing engineering and construction industries while
maintaining proven practices and procedures throughout the construction process.
Construction Risk Management Services
Please contact us for additional information on our construction and engineering risk management
services and consultants.
Risk Management Practice 1Q2011
- Paul Allen, PMP - Project Risk Management
- Jayshree (Bhatt) Pandya, PhD - Global Risk Advisor / Risk Group, LLC
- Chuck Bosler, PMP - Risk Services & Technology / RiskTrak International
- Waylon Whitehead – Risk & Opportunity Modeling
- Ted Dimitry, M.B.A. - Small Project (<$100MM) Risk Mgt Products / Hays Companies
- David Hulett, PhD, PMP - Schedule Risk Analysis / Hulett & Associates, LLC
- Scott Randall, MBA - Bow-tie Analysis and SEM Management Systems / PlusAlpha Risk
Capital Project Integrity Validation for Capital Project Investment
We are teamed with a business risk consulting firm and a global classification society to provide
the business risks and technical risks, respectively, in capital project investments. Together with
PEG evaluating the project and project management risks, a BOD can gain comfort from a TRIAD
third party independent assessment and decision support package for the investment. The
independent three-company assessment is risk-based and validated.
Risk Management for Strategic Development Projects
- Risk Management Assessments
- Risk Identification (What are the Risks?)
- Risk Evaluation (What are the Loss Exposures?)
- Risk Management Profiles
- Risk Analysis (Quantity, Frequency and Severity of Losses?)
- Risk Tolerance (Risk Appetite? Risk-Taker or Risk Adverse?)
- Risk Management Strategies
- Risk Transfer (Insurance or Contractual Indemnification)
- Risk Retention (Self-Insurance, Captive, etc.)
- Risk Allocation (Risk Distribution or Risk Shifting)
- Risk Financing (Alternative Risk Transfer Methods)
- Risk Timing (Multi-Year Programs or Hedge Products)
- Risk Management Program Design
- Risk Selection (What to do? Risk Transfer, Risk Retention...)
- Risk Mitigation (Available Options and Recommendations)
- Risk Management Implementation
- Risk Monitoring (Performance Measurement. How am I Driving?)
- Risk Control (Plan + Do + Check + Act = Quality Assurance
Risk Management Services
More foresight, fewer setbacks. You can identify, prevent and mitigate potential costly delays and
disruptions before breaking ground or during project execution with PEG’s risk management
services. Our construction experts understand the changing engineering and construction
industries and draw upon years of experience to provide cost-effective solutions that work. We’ll
be there throughout the construction process, helping you to make informed decisions and keep
your project moving forward.
PEG provides construction and engineering risk management by identifying and analyzing potential
risks that may occur throughout the construction process. PEG’s construction management team
performs risk assessments on construction projects to assist our clients in preventing and
mitigating costly potential delays and disruptions.
As the complexity of construction and engineering projects changes, the magnitude of risk
involved for owners, contractors, architects, and engineers increases the possibility of negative
impacts and damages on projects. PEG recognizes this potential. Our construction management
consultants adapt to the continuously changing engineering and construction industries while
maintaining proven practices and procedures throughout the construction process.
Construction Risk Management Services
- Risk identification
- Contract and Specification Requirements
- Probability assessments
- Constructibility Review
- Sensitivity Analysis
- Modeling Risk Profiles
- International risk evaluations
- Request for Information (RFI) Assessment
- Cost escalation analysis
- Risk Monitoring
- Schedule & cost forecasting
- Delays and Disruptions
- Decision risk analysis
- Damage Assessment
Please contact us for additional information on our construction and engineering risk management
services and consultants.
"It seems to be a law of nature, inflexible and inexorable, that those who will not risk cannot win."
- John Paul Jones
- John Paul Jones
Other Risk-Related Services
Professional Development Training in Risk-Related Activities
- Contracts and Contracting Strategies
- Loss Control Program Reviews
- Contract Management Program Reviews
- Claim Management Program Reviews
- Disaster Recovery: Proofing Claims, Business Interruption, Negotiations, and Re-build /
Restoration Project Oversight for Maintaining Project Integrity
Professional Development Training in Risk-Related Activities
- Contracts- Negotiate, Administer, Control, Change Orders, Claims, Closeouts
- Risk Management for Project Integrity
- Bidding & Executing At-Risk Projects
- Risk & Opportunity Management with Decision Analysis
- Creating and Presenting Risk-based Decision Support Packages (DSPs)
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| Contact PEG today to learn more about risk-related contracts are the key in risk management. |
| Contact PEG today to learn more about building complete and adequate Risk Registers! |
| TRIAD Services - Unitized Capacity Building for Teams |
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| Capital Project Risk Risk Modeling Business Risks Technical Risks Contracting Strategies for Risk Managing a Project Contract Reviews Claims Resolution & Management |
| Should you be worried about your Financial Investment Decision? YES...see Article |
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1330 Post Oak Blvd., #1600
Houston, TX 77056 USA
info@projectexecutive.com
Tel: 713-591-3757
1330 Post Oak Blvd., #1600
Houston, TX 77056 USA
info@projectexecutive.com
Tel: 713-591-3757
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| Helping you on your drive to Performance and Success! |