Aquenta Risk management Capability Statement (short) 2013

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

E [email protected]