The purpose of risk management in projects is to reduce the uncertainty that an organisation might not achieve its project objectives and to identify and take advantage of opportunities for improving desired outcomes. In particular, risk management assists all those involved in projects in setting priorities, allocating resources and implementing actions and processes to manage risk more effectively and more efficiently.
The Broadleaf team all have many years of experience working with important projects, in a wide range of sectors around the world, and addressing many aspects of project uncertainty for both owners and contractors. We have worked with project directors, project managers, project teams, peer reviewers and those who must approve large capital investments. Our activities have covered all stages of the project life cycle from the earliest concept development through to project delivery and handover to operations.
Our work includes qualitative risk assessment and risk treatment planning, the development of project risk management frameworks and risk management plans, quantitative analysis of cost, schedule and investment uncertainty, and project risk management training.
Our book, Project Risk Management Guidelines: Managing Risk with ISO 31000 and IEC 62198, was published by John Wiley in 2014.