Implementing Risk Management Processes

Gain competitive advantage on your projects through proper threat and opportunity management.

We're able to successfully implement the risk management processes within your projects and operations since we use the state of the art tools and processes for managing risks, including the most modern mathematical simulators, effective data storage and modeling processes and one of the most comprehensive and updated Risk Breakdown Structures (RBS) in the market.

Only those who are at the forefront of the processes can help your organization to create and manage the opportunities and threats generated by a scenario full of uncertainties.

Key issues addressed

  • Crisis and permanent chaos resulting from unknown risks
  • Bad estimated financial reserves: excessive or insufficient
  • Low knowledge about the real project’s uncertainties/operation
  • Risk imminent perception with no control planning
  • Unfeasible schedule established for the work to be done
  • Late identified or lost opportunities
  • Constant improvisation increase
  • Late or ineffective decision making

Scope of work

  • Simplified Design of the Risk Management Process
  • Risk Breakdown Structure (RBS) Creation
  • Risk Register Definition
  • Research, development and deployment of Time and Cost simulators (Monte Carlo and "what-if" analysis)
  • Risk Statistical treatment
  • Mathematical modeling of the Benefits and intangible or not directly measurable threats (Bayseana Estimate)
  • Mathematical modeling of the time and financial reserves
  • Risk performance indicators definition
  • Scenario Planning
  • Contingency process definition
  • Risk Triggers development and definition within projects / operations scope
  • Proof of Concept and pilot project
  • Assisted Operation

Fact sheet

Estimated duration [?]

3 to 4 months

Work Complexity [?]

Medium

Client's team (minimum required) [?]

1 Project/Risks Analyst

Client's team allocation x Macrosolutions team allocation [?]

15% Client's Team
85% Macrosolutions' Team

Project estimated number of visits [?]

4 visits

Maturity Level (minimum required) [?]

Low to medium

Languages [?]

Portuguese, English, Spanish

Organizational level of coverage [?]

Corporate: ★★★★
Departmental: ★★★★
Project: ★★★★★

Supported standards and methodologies

Project Management Institute (PMI)
  • PMBOK® Guide
  • PMI Practice Standard for Estimating
  • PMI Practice Standard for Risk Management
  • PMI Practice Standard for Work Breakdown Structure
  • PMI Practice Standard for Scheduling
UK Office of Government Commerce (OGC)
  • M_O_R (Management of Risks)

Areas: approach comprehensiveness

AreaApproach comprehensivenessDescription
Integration

80%

Includes the processes required to ensure that the various elements of the project are properly coordinated.
Scope

100%

Includes the processes required to ensure that the project includes all the work required, and only the work required, to complete the project successfully.
Time

100%

Includes the processes required to ensure timely completion of the project.
Cost

100%

Includes the processes required to ensure that the project is completed within the approved budget.
Quality

60%

Includes the processes required to ensure that the project will satisfy the needs for which it was undertaken.
Human Resources

60%

Includes the processes required to make the most effective use of the people involved with the project.
Communications

100%

Includes the processes required to ensure timely and appropriate generation, collection, dissemination, storage, and ultimate disposition of project information.
Risk

100%

Systematic process of identifying, analyzing, and responding to project risks. It includes maximizing the probability and consequences of positive events and minimizing the probability and consequences of adverse events to project objectives.
ProcurementOptionalIncludes the processes required to acquire goods and services from outside the performing organization to attain project scope.
Stakeholders

0%

EHSOptionalInvolves processes related to work safety, health and environment, including specific regulations.
Strategic Planning

60%

Involves the processes which link projects with corporate strategy through the indicators of the Balanced Scorecard's goals.