The whole point of undertaking a project is to achieve or establish something new, to venture, to take chances, to risk. Thus, risk has been and will always be an intrinsic part of projects.  In today's markets, with heavy competition, advanced technology and tough economic conditions, risk taking has assumed significantly greater proportions and is readily accepted as a key area of focus in the delivery of projects. However, the term risk management itself tends to be misleading, because management implies control of events.  In the project context, risk management can be defined as the process of identifying, analysing and responding to risk factors throughout the life of the project and in the best interests of its objectives. It requires continual focus and review and cannot be achieved by simply reviewing risks at the commencement of a project as is typically seen in projects today.  Effective Risk Management is the preparation for possible events in advance, rather than responding as they happen.

Proton's Risk Management Services

Proton's Risk Management services provide a unique approach to Risk Management that reliably captures and manages risk across the project's lifecycle. We take a proactive approach by identifying and preparing for potential events in advance, rather than reacting to them as they occur.

Proton’s Risk Management process is provided as a specialised service to deliver effective Risk Management as part of an integrated project management approach.  The practical approach highlights the areas of delivery to which risk relates, enabling the control required to plan ahead effectively and reduce the level of risk associated with delivering projects. Specialised support is provided in:

• Risk Identification
• Risk Assessment
• Response Development
• Risk Control