Overview

PRM Consulting Value Proposition: +Plausible addressing of wall-to-wall identified project risks +Developing adequate cost & schedule contingencies +Project cost escalation modelling of structural inflation in imbalanced industrial markets +Project and corporate decision-making under deep uncertainty and high complexity Background: I. First-hand involvement in PRM of mega and large projects with a combined budget of more than $170B. II. Vast PRM experience of global reach (Saudi Aramco, Royal Dutch Shell, TransCanada Pipelines, SNC-Lavalin, Risk Services & Solutions Inc.) including projects related to on-shore & off-shore O&G production, pipelines, heavy oil (in-situ & minable), shale gas, CO2 sequestration, power generation, LNG, refineries, petrochemical facilities, mining and infrastructure (HV electric lines, roads, railways, airfields, sea ports, shipyards, administrative buildings, camps, housing, security and data processing centers, etc.). III. Advanced experience in all PRM aspects: risk identification & addressing workshops, establishment of PRM systems (requirements - processes - tools), integrated Monte Carlo schedule & cost risk analyses, PRM system's health checks, risk-based & economic-based selection of project alternatives, risk-based selection of bidders, risk-based technology evaluations, integration of PRM and enterprise risk management (ERM), training & coaching, etc. IV. Advanced knowledge of main PRM tools: ARM, EasyRisk, Stature, @Risk, Crystal Ball, Acumen Risk, Safran Risk, Oracle Primavera Risk Analysis ("PertMaster"), P6, etc. V. Experience in system dynamics modeling of project risk exposure (Vensim, AnyLogic, etc.) VI. Authorship of "Modern Risk Quantification in Complex Projects: Non-linear Monte Carlo and System Dynamics Methodologies" (2020) Oxford, England: Oxford University Press, and "Project Risk Management: Essential Methods for Project Teams and Decision Makers" (2013) New York, NY: John Wiley & Sons.