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IRCA Global is an International Risk Management Solutions provider in the areas of Safety, Health, Environment and Quality (HSE). IRCA has footprints in various countries around the world, where we have assisted hundreds of organisations to reduce operational risk exposure. PROJECT RISK MANAGEMENT "The problem with the future is that more things might happ n than will happen" (Plato). At IRCA we believe that with effective project risk management, clients can not only predict possible future outcomes, they can take action to shift the odds for project success in their favour. PROJECT RISK MANAGEMENT IS A COMPREHENSIVE AND PLANNED APPROACH TO MANAGING YOUR PROJECT RISKS. Your project 's success depends on thorough planning that includes contingencies for your project budget and schedule. Unexpected surprises should not cause budget concerns or create barriers to your business innovations. Our approach to project risk management delivers a clear, quantified review of the risks associated with the cost, performance and scheduling of your project. This enables you to work to effective time frames with more realistic budgets. As a result, your business and funding partners will have increased confidence in your management approach and ability to make project decisions with more certainty. IRCA GLOBAL HEAD OFFICE +971 4 2771259 +971 4 8747636 [email protected] HOFINCONS IRCA GLOBAL OIL & GAS MINING FOOD & BEVERAGE WATER MANUFACTURING SERVICES PETROCHEMICAL government & local authorities STEEL & ALLIED POWER CONSTRUCTION WWW.IRCAGLOBALGROUP.COM

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Page 1: IRCA FLYER PROJECT RISK MANAGEMENTircaglobal.hofinconsircaglobal.com/wp-content/uploads/2019/06/IRC… · IRCA FLYER PROJECT RISK MANAGEMENT.pdf Created Date: 6/14/2019 11:15:31 AM

IRCA Global is an International RiskManagement Solutions provider inthe areas of Safety, Health,Environment and Quality (HSE).IRCAhas footprints in variouscountries around the world, wherewe have assisted hundreds oforganisations to reduce operationalrisk exposure.

PROJECT RISK MANAGEMENT

"The problem with the future is that morethings might happ n than will happen" (Plato).At IRCA we believe that with effective projectrisk management, clients can not only predictpossible future outcomes, they can take actionto shift the odds for project success in theirfavour.PROJECT RISK MANAGEMENT IS ACOMPREHENSIVE AND PLANNED APPROACHTO MANAGING YOUR PROJECT RISKS.Your project 's success depends on thoroughplanning that includes contingencies for yourproject budget and schedule. Unexpectedsurprises should not cause budget concerns orcreate barriers to your business innovations.

Our approach to project risk managementdelivers a clear, quantified review of the risksassociated with the cost, performance andscheduling of your project. This enables you towork to effective time frames with morerealistic budgets. As a result, your business andfunding partners will have increasedconfidence in your management approachand ability to make project decisions withmore certainty.

IRCA GLOBAL HEAD OFFICE

+971 4 2771259 +971 4 8747636

[email protected]

HOFINCONSIRCAGLOBAL

OIL & GASMINING

FOOD & BEVERAGE

WATER

MANUFACTURINGSERVICES

PETROCHEMICAL

government & local authorities

STEEL & ALLIED POWER

CONSTRUCTION

WWW.IRCAGLOBALGROUP.COM

Page 2: IRCA FLYER PROJECT RISK MANAGEMENTircaglobal.hofinconsircaglobal.com/wp-content/uploads/2019/06/IRC… · IRCA FLYER PROJECT RISK MANAGEMENT.pdf Created Date: 6/14/2019 11:15:31 AM

THE BENEFITS OF THE IRCA PROJECT RISK MANAGEMENT APPROACHOur risk management competence approach provides you with innovative solutions , designed tosignificantly improve your profit sustainability. Our approach delivers effective risk management, helpingyou to:Determine your contingency and budget requirements at any time.Accurately assess your cash draw-down requirements.Minimize production costs.Instigate reduced insurance costs.

YOUR GLOBAL NETWORK FOR PROJECT RISK MANAGEMENT EXPERTISEOur risk competence approach ensures that our service complies with, but also exceeds the compliancelevels of the following standards:ISO 31000ISO 14001AS/NZS 31000Risk Analysis and Management for Projects (RAMP) guide

Risk Management Planning

Risk Identification (determine and document riskcharacteristics, produce Preliminary Risk Register)

Risk Analysis: Qualitative (Pre-Response Analysis)

Risk Analysis: Quantitative (Pre – Response Analysis)

Risk Response (Post-Response Analysis)

Risk Monitoring & Control

The power of risk management is fully realised when aproject manager takes action to respond to identifiedrisks based on risk analysis, with effort being directedtowards those risk that rank the highest in terms ofsignificant impact to project objectives. With pro-activerisk management we assist clients to view projects in anintegrated manner, and assess and document risks anduncertainty in terms of the 6- step process:

PROJECT RISK MANAGEMENT

PROJECT LIFE CYCLE

Our project risk management service covers your needs from project design to completion. We can help you to prioritiserisks and develop risk management plans so that your project management team can take appropriate actions to handlethe risks inherent in your project activities. By reducing your project variability, you can be more confident that yourproject wi11 be completed on time, on budget and to the right specifications.

IRCA GLOBAL HEAD OFFICE

+971 4 2771259 +971 4 8747636

[email protected]

HOFINCONSIRCAGLOBAL

WWW.IRCAGLOBALGROUP.COM