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Risk Management

Tools & Software

Project Risk Management Services

Explore unparalleled excellence with our Project Risk Management services, enhanced by our sophisticated tool:

  • Safran Risk
  • Oracle Primavera Risk Analysis

At PM ERA, we harness the capabilities of risk software to deliver comprehensive Risk Quantitative Assessment reports for your projects. Our dedication to using cutting-edge tools ensures that your projects are not only well-protected but also strategically positioned for success.

Project Risk Management

PM ERA is your trusted partner in Project Risk Management. Whether you’re a client dealing with risks in procurement strategy and RFP documents, or a contractor managing risks from proposal development to project execution, we’ve got you covered. Our services span the entire project lifecycle, ensuring you confidently navigate challenges at every stage.

Our Services

  1. Risk Identification:

Identifying potential risks is the first step towards effective risk management. PM ERA excels in identifying and cataloging risks specific to your project, minimizing future surprise.

  1. Qualitative Risk Assessment:

Understanding the impact and likelihood of risks is critical. Our team conducts thorough qualitative risk assessments, providing you with insights to prioritize and address potential issues proactively.

  1. Quantitative Risk Assessment (QRA):

Take your risk assessments to the next level with our Quantitative Risk Analysis method (Monte-Carlo Simulation) using Safran Risk software. Our experts leverage this cutting-edge tool to deliver a quantitative perspective, elevating the precision of risk evaluation and facilitating effective time and cost contingency management.

  1. Risk Response Plan:

Creating a robust risk response plan is essential for mitigating potential threats. PM ERA develops customized risk response strategies tailored to your project’s unique challenges, ensuring a proactive approach to risk management.

  1. Risk Monitoring & Review:

Continuous monitoring is key to staying ahead of evolving risks. PM ERA offers ongoing risk monitoring services, including threshold management and early identifications, allowing you to adapt your strategies as the project progresses and new challenges emerge.

Why Choose PM ERA?

  1. Comprehensive Risk Management services: PM ERA offers a one-stop shop for all your project risk management needs, minimizing hassle and saving costs.

 

  1. Pay-as-You-Go Model:

Embrace flexibility with our pay-as-you-go model, designed to optimize costs. Pay for the services you need, precisely when you need them, ensuring a cost-efficient approach to project risk management.

  1. Subject Matter Expertise:

Benefit from the expertise of our risk experts in diverse industries such as subways, tunnelling, rail work, power transmission, oil & gas, and infrastructure construction projects.

  1. Software Proficiency:

Leverage our proficiency in Safran Risk software for quantitative risk analysis. Save significant costs on specialized training or licensing, as our experts navigate the software seamlessly.

  1. Partnership with Safran Risk software: PM ERA is the local partner of Safran Risk software in North America. We will supportyou in purchasing, installation, training, and maintenance.

 

  1. Prompt responsiveness to client requests: Time is of the essence in project risk management. We’re committed to quick and effective responses to client’s inquiries, demands, or feedback.

We are ready to help

At PM ERA, we understand that effective risk management is not just a one-time action; it's a strategic continuous process. Let us empower your project with tailored risk management solutions that align with your goals and budget. Partner with us for a proactive, comprehensive, and cost-efficient approach to project success.