Risk Management Consultancy

Compliance is a given, it’s showing risk management capability that will give you the edge when bidding

Andrew Pyke, Associate Partner, International Centre for Complex Project Management (ICCPM)

Projects and bids – cost and schedule confidence, right bid, right price

Getting your bid or project pricing and scheduling wrong can destroy your business – doing it well will leave the competition behind.  It’s obviously vital to fully understand your potential costs and the implications on your schedule, but are you getting the real picture?
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Including estimating uncertainty and risk impact in your bids can give you a fast, up-to-date cost and schedule insight and keeps your pricing competitive by driving down contingency.  

We specialise in building up your capability to help you win more bids and be successful in delivering against them. Our risk management consultants are industry experts and can help you to identify the key risk events that may affect the cost, time and performance objectives of your project. Cost and time elements are combined into a Monte Carlo model. This ensures that, in a bid or project business case scenario, your estimates to completion for cost and schedule are as informed and as accurate as possible meaning you can confidently make decisions about focusing resources, and trading off between cost, time and performance.