Our fundamental focus on risk provides a unique perspective that enables high-impact improvements to project performance, extending from conceptual planning to implementation.  Clients turn to Risk Strategics to evaluate and compare alternative approaches, plans and decision policies in order to minimize risks and make better decisions.  We provide a systematic approach to planning, implementation, measurement, and assessment that interfaces with the strategic objectives, constraints and contexts of the client and stakeholders.

Project risk management is a process of identifying risk factors, analyzing and quantifying the properties of those risk factors, mitigating the impact of the factors on planned performance, and developing and implementing a risk management plan.  From simple to complex, projects benefit from an integrated cost and schedule risk management solution.  Risk Strategics quantifies project-specific risks to costs and schedules within a robust decision analysis framework and designs risk management strategies based on client objectives and attitudes towards risk.

Risk Strategics develops, implements, and provides training for risk analysis methods to improve decision-making in public organizations and private enterprises.  Our risk analysis services include proven and highly scalable methods, models and processes for:

• Quantifying cost and schedule contingency using Monte Carlo simulation

• Cost and Schedule Risk Analysis (CSRA) for U.S. Army Corps of Engineers projects

• Organizational and project level risk assessment, analysis, mitigation and control

• Identifying, analyzing and quantifying risks for comprehensive performance assessment using Earned Value Management (EVM)

• Integrated cost and schedule risk analysis

• Risk modeling and expert systems to support decision analysis, including stochastic and deterministic models

• Economic and financial risk analysis of competitive and strategic decisions

• Real options analysis

• Forensic risk analysis

• Application of optimization and simulation modeling, genetic algorithms, and artificial neural networks

• Project performance measurement, assessment and change management

How We Can Help:  If you have a difficult cost and schedule risk analysis (CSRA) issue, or just want to understand how successful organizations are using data, models and analysis to make better risk-based decisions, Risk Strategics can help. Our risk analysis services include:

• Design and execution of cost beneficial risk analysis solutions.

• Technical support ranging from use of best practices to development of highly customized cost and schedule risk analysis models.

• Training and training materials.

• Documentation support.

• Quality assurance and review activities.

• Facilitation and change management.

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