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Project Risk Consulting

Project Risk Consulting

Analyse, assess and manage risk and uncertainties in major projects to proactively address common challenges. Our team can help you reach success.

Analyse, assess and manage risk & uncertainties in projects to address common challenges.

We help organisations predict, assess and manage risks and uncertainties on major projects to enhance the likelihood of success throughout the project and asset lifecycle.

Major infrastructure and capital projects in today’s economy are complicated, fast-paced, exposed to substantial risks and uncertainties, and are carried out in an environment prone to fraud and waste. The wide range of stakeholders are expecting greater transparency, predictability and accountability for project performance and delivering outcomes.

Public and private organisations developing and delivering major projects and/or maintaining infrastructure assets, need to plan proactively to address common industry challenges, including:

  • accurate assessment of project risks and uncertainties, resulting in appropriate risk allocation in contracts by using the most suitable disclaimer clauses
  • approaches to identify and mitigate optimism and pessimism biases to increase the accuracy of project cost and schedule estimates
  • more applications of risk engineering techniques and quantitative risk analysis methodologies rather than traditional merely qualitative risk assessment
  • efficient and effective use of new technologies, e.g. Building Information Modelling (BIM) 4D and 5D, and historical data analytics to drive performance
  • assessment of project confidence indicators quantitatively during the project’s delivery phase rather than traditional project controls reports
  • transparent and proactive management of project contingencies (both time and cost).

 

How we can help

KPMG’s experienced team helps organisations manage the risks associated with complex infrastructure projects. We provide integrated project advisory services and utilise effective and efficient data-driven tools and methodologies to increase the likelihood of success across the project and asset lifecycle.

Our team comprises quantity surveyors, engineers, architects, contract and commercial managers, planners and schedulers, risk engineers, cost and project controllers, Building Information Modelling experts, economists, accountants and construction management professionals with leading local and global experience in major infrastructure projects.

Our services include:

  • Capital cost estimation, cost planning and independent estimate 
  • Project planning/scheduling and integrated project controls
  • Project schedule health check, against contract, structure and integrity requirements
  • Qualitative and quantitative risk analysis 
  • Cost and schedule contingency management
  • Joint Confidence Level (JCL) assessment – an integrated uncertainty analysis of project cost and schedule
  • Project, program, portfolio management
  • Alliance auditor, contract compliance and assurance.

For additional information on our services or to explore how we can help your team enhance the likelihood of success for your major infrastructure project or capital program, please contact us.

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