Risk Review - Mitigating Risks And Focus Budget To Risk Areas

Example: calculated capital risks for a project

Throughout the years, Sedgman Novopro has witnessed how projects both fail and succeed with respect to the employed risk management strategy. Sedgman Novopro understands the importance of de-risking a project from beginning-to-end.

Sedgman Novopro structures both their projects and scopes with a risk focused approach that utilized the following principles:

Through joint risk review sessions to identify and quantify Project risks
Adjust scope to prioritize mitigating risks and focus budget to risk areas
Develop and manage risk matrix throughout Project

Example: identified and quantified project risks

Example: risk matrix