This case study describes a risk assessment for an urban toll road, to be delivered as a public private partnership (PPP). Only a high-level view was required, so detailed risk identification was not needed, but understanding was critical. The case illustrates a simple risk assessment process, with an extended risk analysis stage that supported more detailed control assurance. It generated increased confidence and understanding in the project and the work that had been undertaken so far.
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Broadleaf Capital International is a specialist risk management consultancy. Our expert team brings decades of experience, leading methods and a deep understanding of uncertainty and how it can be understood and managed. We operate around the world.
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RiskNZ, formerly the New Zealand Society for Risk Management, will be holding its conference in Wellington NZ on 17-18 August 2017. The conference title is Repositioning Risk Management. Dr Dale Cooper will be presenting a keynote address on 'Governance, leadership and enterprise risk management' on 17 August, and chairing a conference wrap-up session on 18 August.
Risk assessments are often undertaken in great detail, or several assessments are conducted on different parts of an organisation, project or program. The detail may be appropriate for tactical decisions and specific risk treatment planning, but there is often too much detail for high-level decisions and important insights about the whole organisation might pass unnoticed. Headline risks provide a high-level summary of what might happen and what the consequences might be. This resource note describes how headline risks can be developed and used, with examples from recent case studies.