Quorum - RISK ANALYSIS AND MANAGEMENT (Text Only)

Quorum Services

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	Risk Analysis and Management
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RISK ANALYSIS AND MANAGEMENT

Quorum provides risk management support to a number of industrial clients, from preliminary bid phase to post contract-award. We have developed credible and robust risk management processes to meet the most challenging requirements.

Quorum uses an in-house MS Access database as the repository for all risk records, which creates a auditable trail throughout the life of the project. The database is tailored to an agreed probability/impact matrix and the level of recording required for each project.

Typical activities include:

• New/proposed risk submission forms
• Monthly risk summary
• Reviews
• Data exchange Quorum performs Three Point Estimating using a number of In-house and proprietary tools suchs as:

• @RISK
• PREDICT
• ARM