aquenta risk management capability statement (short) 2013
DESCRIPTION
GOING BEYOND THE TRADITION OF RISK MITIGATION, WE PROVIDE RISK AND OPPORTUNITY PORTFOLIO OPTIMISATION WHICH SEIZES OPPORTUNITIES TO DETERMINE AN ENTERPRISE’S APPETITE AND CAPACITY FOR RISK - AND CAPITALISES ON THE REWARDS.TRANSCRIPT
At Aquenta, we’re known for using
innovative practices to deliver the best
result for our clients as we help business
leaders face the challenge of maximising
value in enterprise and projects.
B E YO N D T H E T R A D I T I O N A L
In working with our clients to identify,
assess, manage and mitigate project risks
and opportunities, we consider all aspects of
the project delivery to encompass strategic,
operational, commercial, reputation,
compliance, and information risks.
O N T I M E . O N B U D G E T.
O N S T R AT E G Y.
Through comprehensive and accurate
due diligence, we’re able to identify
and recommend the right solution
to provide assurance of an on-time,
on-budget delivery aligned with and
measured against strategic goals.
E X C E L L E N C E A S A N AT T I T U D E
At Aquenta excellence prevails; we
choose it as an attitude, we demonstrate
G O I N G B E YO N D T H E T R A D I T I O N O F R I S K M I T I G AT I O N , W E P R O V I D E R I S K A N D O P P O R T U N I T Y P O R T F O L I O O P T I M I S AT I O N W H I C H S E I Z E S O P P O R T U N I T I E S T O D E T E R M I N E A N E N T E R P R I S E ’ S A P P E T I T E A N D C A PA C I T Y F O R R I S K - A N D C A P I TA L I S E S O N T H E R E W A R D S .
it in the quality of our work, and it
shines through in our team. Our Risk
Management service line is driven by a
Centre of Excellence that establishes,
delivers and coaches best practice.
R I G H T P E O P L E ,
P R O C E S S E S & S Y S T E M S
Our business is underpinned by experts
in their field, using knowledge and
experience of risk management practices
and tools, combined with a wealth of
practical construction and engineering
knowledge to deliver best practice.
N AT I O N A L LY F O C U S E D ;
G L O B A L LY R E S O U R C E D
With 280 people across 7 offices in
Australia we’re one of the largest
consultancies in our field. We’re also
connected to a global network of over
29,000 people in over 40 countries world-
wide through our parent company AMEC.
risk management services
Risk Context Establishment
Risk Management Framework
Risk Criteria Matrix Development
Risk Assessment
R&O Workshop Facilitation
Risk Register Development
Risk Analysis
Monte Carlo Simulation (MCS)
Probabilistic Estimating
Integrated Cost Schedule
Risk Analysis (C/SRA)
Schedule/Cost Confidence
Level Assessment
Joint Confidence Level
(JCL) Assessment
Risk Treatment
Integrated Planning, Cost,
Risk Management (I-PCRM)
Time/Cost Contingency
Management
Enterprise Risk
Management (ERM)
S E R V I C E S :
We help clients develop Enterprise
Risk Management (ERM) maturity at a
Project, Program or Portfolio level, linking
business strategy to operational and
project delivery risks. Together, we work
to assess and benchmark against others
in the same sector to ensure that levels
are appropriate, quantified and in line
with the organisation’s appetite for risk.
M E T H O D O L O G Y & A P P R O A C H
Our approach to risk management is a
continual process of risk management
planning, risk identification, qualitative and
quantitative risk analysis, risk evaluation and
risk treatment including the management
of residual risk. Our services are compliant
with international standard AS/NZS ISO
31000:2009 and COSO Enterprise Risk
Management (ERM) Framework.
We also refer and use other companion
guidelines published by Standards Australia,
P R O J E C T C L I E N T L O C AT I O N
Major Program of Works, Program Cost & Risk Management (PCRM) Services Government Agency NSW
Major Transport Project, Cost Estimating Risk Management Services Government Agency NSW
Desalination Plant, Risk Assessment Services Government Agency NSW
$1B EPC Combined Cycle Power Plant (CCPP), Integrated Cost/Schedule Risk Analysis & Confidence Level Management
Tier 1 Contractor NT
Enterprise Risk Management (ERM) Development Project Tier 1 Contractor National
$500M Major Road Upgrade Project, Schedule Risk Analysis & Inclement Weather Risk Assessment Government Agency & Tier 1 Contractor NSW
Major Berth Upgrade Project, R&O Workshop Facilitation & Cost Estimating Risk Analysis Tier 1 Contractor WA
200MW High Efficiency Gas Turbine (HEGT) Plant Project, Cost and Schedule Risk Analysis Tier 1 EPC Contractor WA
21MW Cogeneration Facility, Schedule Risk Analysis Utility Provider VIC
Major Telecommunication Project, Schedule Risk Analysis Utility Provider & Tier 1 Contractor SA, NSW, TAS
Major Rail Project (Financial Sector), Schedule Risk Analysis as part of Due Diligence ServicesInternational Property & Construction Consultancy
QLD
Major LNG Project, Cost Schedule Risk Analysis & Contingency Assessment Utility Provider QLD
Project Management Institute (PMI),
Association for Project Management (APM)
and other key professional associations.
B E N E F I T S
We aim to provide our clients with risk
management services that deliver:
• Risk management maturity from risk
mitigation to risk portfolio optimisation.
• Proactive planning that achieves project
objectives and business goals.
• Improved communication, relationships
and stakeholder confidence and trust.
• Increased certainty of project
estimates, schedules, allowances and
their associated confidence levels.
• Maintenance of a desired confidence
level through assessment, allocation
and management of optimum and
competitive contingency from initiation
to completion.
• Consistent and transparent
assessment and management of
specific risks e.g. Inclement Weather
Risk.
• Surety of realistic and achievable goals
through independent assessments of
project budget and schedule.
• Measurement and monitoring of
project health through industry
benchmarking in relation to possible
risks and opportunities, schedule and
cost plans.
P E D R A M
D A N E S H - M A N D
Regional Manager,
Project Controls
T +61 2 9415 1600
M +61 432 041 560