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Risk Management

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Risk Management

Effective Risk Management can help a business identify the strengths, weaknesses, opportunities and threats of a project. By identifying the potential risks, it is then possible to plan how to mitigate them, possibly even removing them completely.

Step one in any Risk Assessment is preparation.

One of the key strategies for effective Risk Management is to complete a Risk and Hazard Assessment.  Traditionally, this has been completed by the Contractor prior to Construction; however recent changes in legislation require this to be completed by the Designers. A Safety in Design Assessment is a review of all the activities likely to take place during the life of the Project, an assessment of the risks and hazards that may occur and developing strategies to mitigate the impact.

The second step is communication.

There is no advantage to a plan if it is not communicated.  By communicating the plan, potential risks can be identified, avoided and dealt with in advance, allowing those involved to respond effectively should any challenges emerge.

Finally, the plan needs to be evaluated.

Business is constantly changing and plans need to evolve as business does.  Be prepared to review and re-evaluate the risks that may arise and plan how best to control and mitigate their effect.

Help is available. As an ISO 9001:2015 certified company, Umow Lai has a strong commitment to providing a quality service to their clients and has developed some strategies that make us stand out from the crowd.

  1. Deadlines matter: It sounds simple because it is. When we tell you we will meet a deadline, we mean it.
  2. A single Project Leader: All of our projects have a Project Leader who provides a single point of contact for our multi-disciplined projects, ensuring better co-ordination across the project.
  3. Multi-discipline office: We actively encourage cross discipline conversation and co-ordination by our teams.
  4. Safety in Design Assessment: All our projects undergo a ‘Safety in Design assessment.’ The safety of all persons who may be affected by our design are reviewed, from contractors, to those in construction, the operators of the space, the maintenance people and finally, those involved in demolition. This assessment helps us develop solutions to minimise risk and cost prior to building.
  5. Safety in Design Assessment: All our projects undergo a ‘Safety in Design assessment.’ The safety of all persons who may be affected by our design are reviewed, from contractors, to those in construction, the operators of the space, the maintenance people and finally, those involved in the final decommissioning. This assessment helps us develop solutions to minimise risk and cost prior to building.
  6. Peer Review: Prior to the issue of any agreed deliverable, we ‘Peer Review’ documentation internally, resulting in a high standard of service. This results in fewer changes in documentation, fewer requests for information and a reduction in variations during the construction phase.

Illustration courtesy of Elisa Thomson

By |October 27th, 2016|Categories: Summary|