Risk management
Major projects face increasing scrutiny to demonstrate not only technical feasibility but also robust risk management to protect public funds and ensure successful outcomes.
At Cost Time Risk, we provide expert risk management services that give executives, PMOs, and funding bodies confidence that risks are understood, quantified, and actively managed throughout the project lifecycle.
Our team applies proven methodologies aligned with international standards (ISO 31000, IEC 62198), delivering structured, transparent processes that integrate risk management into the core of project planning, estimating, and delivery.
“De-risk your project with confidence — partner with professionals who understand both the detail and the governance requirements of complex, publicly funded projects. ”
Our project risk management services include:
Risk identification and assessment workshops facilitated by experienced practitioners
Quantitative risk analysis (QRA) to model cost and schedule impacts using Monte Carlo simulation
Risk register development and maintenance integrated with project controls systems
Risk treatment planning to develop practical, actionable mitigation strategies
Assurance support for gate reviews, funding submissions, and independent audits
We work closely with project leadership teams to ensure risks are not simply documented, but are actively informing decisions, contingency allocations, and delivery strategies.
Our approach provides a clear line of sight between risk exposure and project success, helping sponsors and oversight bodies make informed investment decisions.