Project Risk Management Frameworks

Similarly with our approach to assist clients review and develop their business, or enterprise risk management frameworks and processes, Riskcom is also able to help assist organisations establish project risk management frameworks that are importantly aligned to the enterprise risk management framework, tailored to help ensure that outcomes from the project risk assessment are meaningful. We often observe that project managers are instructed to implement an enterprise risk management framework yet become frustrated when the risk assessment process fails to highlight significant risks as a result. Risk assessment criteria, for example, need to be tailored specifically for a project delivery environment to help ensure they are prioritised accordingly.

Riskcom has significant experience in developing project risk management frameworks, and our personnel have acted as the subcontracted risk manager during the delivery of various large, complex projects in Australia. We have consistently developed risk processes, tools and templates to help enhance the outcome of the risk management function within projects and work very closely with project discipline leads to help ensure the project risk is captured, treated and reported.