Risk Management Consultancy

Customer

A joint venture between two major operators in the North Sea

The Task

A subsea tieback project

A multi-stakeholder project with complexities in communication and risks to reputation, it was vital therefore that these were well understood from the outset.

Our Approach

Facilitators provided high level overall project opportunity/risk identification at project commencement. We facilitated an initial workshop to establish the major risks and opportunities present in the project plan and cost estimate. We were commissioned to provide ongoing support throughout the project life to monitor risk mitigation measures and provide probabilistic analysis support to inform stakeholders of the range of possible schedule and cost impacts.

The Result

A clear understanding of cultural differences between operators plus a sustained focus on emerging risks.