Project Risk Quantification
The construction projects are considered having high risks due to the numerous stakeholders, long production duration and open production systems. The increasing constraints which construction companies face due to the prolonged financial crisis and the contracting construction market impose even more the application of structured approaches related to the planning, scheduling and monitoring of their projects. Unfortunately, the construction industry has a poor reputation in risk management comparing with other domains, even if the risk management provides a solid basis for decision-making in projects and brings important benefits.
CPM Consulting® experts identify, analyze, prioritize and quantify the risks in construction projects both in the view of investors and contractors, using the most advance techniques and tools like Three Scenario Method or Monte Carlo Method.