Every project carries uncertainty. Effective risk management helps project teams understand that uncertainty, assess its potential impact and make better-informed decisions.
PPF provides practical, evidence-based risk management support to help clients identify, assess and manage schedule and cost risk throughout the project lifecycle.
Identifying and structuring project risks through collaborative review and workshops
Establishing practical risk registers with clear ownership, actions and mitigation
Quantifying schedule uncertainty and its potential impact on key milestones and project completion
Assessing cost uncertainty to support contingency and informed commercial decisions
Risks are assessed by considering their likelihood of occurrence and potential impact, enabling project teams to prioritise management attention and mitigation.
Identify the risk. Understand the exposure. Prioritise the response.
Risk management should not simply record uncertainty. It should provide information that enables teams to act before risks become project issues.
| 1 Insignificant | 2 Minor | 3 Moderate | 4 Major | 5 Severe | |
|---|---|---|---|---|---|
|
5
AlmostCertain
|
5 | 10 | 15 | 20 | 25 |
|
4
Likely
|
4 | 8 | 12 | 16 | 20 |
|
3
Possible
|
3 | 6 | 9 | 12 | 15 |
|
2
Unlikely
|
2 | 4 | 6 | 8 | 10 |
|
1
Rare
|
1 | 2 | 3 | 4 | 5 |
We combine qualitative risk management with quantitative schedule and cost analysis, proportionate to the complexity and needs of the project.
Better visibility of uncertainty enables better planning, stronger mitigation and more informed project decisions.
Discuss Your Project Risks