Risk Strategy Workshop	For more information: Email 0870 116 1293
Purpose The task of risk management is to identify risks associated with a particular course of action designed to deliver a particular outcome. Once identified, those risks are managed to limit the potential of adverse results and look for positive opportunities.  The purpose of the Risk Workshop is to carry out an independent assessment of the risks on a bid or project and to define an appropriate Risk Plan so that the project has the best ability to succeed. Service Details The Risk Strategy Workshop will be performed by a Management of Risk (M_o_R™) Registered Consultant who will: Compile an initial project risk log Analyze the risks using impact and probability Determine the action to be taken with each risk - prevention, reduction, transference, acceptance or contingency Establish a Risk Plan to define how the top risks will be managed throughout the project Benefits Risks are threats to a project's viability. Without effective management of risk the ability of the project to deliver products to meet the business case is left to chance.  “If I had to put a value on the consultant's contribution, it would be the same size as the risk budget of $2M” - Sun Microsystems Deliverables Summary Risk Profile including an estimate of financial provision for risk Risk Analysis using checklists/graphs Risk Log containing up to 20 major risks with mitigation strategies identified for each entry eport & recommendations including proposals for handling customer risks Risk Plan
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Price £8750 for a “Standard bid or project” £12500 for a “Complex bid or project”