Broadleaf Capital International is a specialist risk management consultancy. Our expert team brings decades of experience, leading methods and a deep understanding of risk and its management. We operate around the world.
One of our clients conducts exploration and mining in West Africa. The local commercial airline has a poor safety reputation, and air travel in the country is generally high risk. We prepared and facilitated a workshop to examine travel options that would reduce the level of risk.
An electricity transmission company commissioned Broadleaf to develop a risk analysis methodology and model to provide it with a sound basis for decisions on the management of the risks associated with its assets igniting bush fires The approach developed is, we believe, unique and was enthusiastically received when it was presented to the company’s executive team this week.
Project cost contingency setting is an important part of managing risk in projects. This note describes how a contingency is related to a base estimate and project risk as well as outlining how it is utilised during project execution.