Programme and Cost Risk
Schedule and budget risk assessed together — because a delay nearly always has a cost consequence.
What’s included
- Programme risk identification and float analysis.
- Cost risk identification across design, procurement, and construction phases.
- Integrated programme and cost risk dependency mapping.
- Procurement lead time and market volatility risk assessment.
- Ground condition and design development uncertainty allowance.
- Integrated programme-cost risk report for project leadership.
Schedule and budget are two of the most closely watched — and most frequently threatened — dimensions of any project, and programme and cost risk analysis addresses the specific factors that could cause either to slip: design development delays, procurement lead times, ground condition uncertainty, market volatility in material and labour costs, and the countless smaller risks that, in aggregate, are often what actually erodes a project's budget and timeline.
This work is closely connected to, but broader than, the cost risk analysis carried out under our Cost Management vertical — here, programme and cost risk are assessed together, recognising that schedule risk and cost risk are rarely independent of one another; a delay very often has direct cost consequences, and a cost pressure can very often force a schedule compromise. We assess programme and cost risk in an integrated way, giving clients a genuinely joined-up view of where their project's biggest combined exposure actually sits.
Other parts of Risk Management
