Risk Management Services

Risk Management Expertise

Integrated risk management backed by unmatched expertise in time, cost and delivery.

Major projects operate in environments of constant uncertainty. As complexity grows, risks compound across cost, schedule and interfaces, often long before they become visible in performance reports. When governance is fragmented or accountabilities unclear, even minor deviations can quickly escalate into significant exposure.

Robust, pragmatic risk management provides you with the structure to anticipate, quantify and control that uncertainty. At TBH, we combine technical rigour with practical delivery insight, built on extensive risk expertise across Australia and internationally. Our experience spans transport, energy, building and construction including health and data centre projects, defence, ICT and utilities. Covering every stage of the asset lifecycle – from business case and procurement through to delivery, operation and transition – we enable you to make informed decisions and maintain confidence across complex portfolios.

We work closely with asset owners, Tier 1 contractors and delivery partners to ensure risk is clearly understood, transparently allocated and actively managed. Our approach is tailored to each contractual environment – across delivery approaches including Construct Only and Design and Construct (D&C); collaborative models such as Incentivised Target Cost (ITC), Early Contractor Involvement (ECI), Managing Contractor and Public Private Partnership (PPP); and contract types including NEC and GC20 – providing the right balance of governance, data integration and practical insight. Drawing on first-hand experience delivering and recovering major projects, and in claims and dispute resolution, our specialists offer advice that is grounded in real delivery realities.

Delivering Better Outcomes

• Confidence in time, cost and delivery forecasts with evidence-based analysis
• Clearer visibility of exposure, contingency and key risk drivers across portfolios, programs and projects
• Independent assurance that supports regulatory submissions and funding approvals
• Practical recovery strategies for projects under pressure
• Integrated frameworks that combine data, analysis and professional judgement to improve decisions and strengthen governance
  
  

Specialist Capability

• Project risk management frameworks, guidelines and supporting tools
• Contingency management frameworks, allocation and drawdown protocols
• Quantitative Risk Analysis, including Quantitative Cost Risk Analysis (QCRA), Quantitative Schedule Risk Analysis (QSRA) and Integrated Cost and Schedule Risk Analysis (iQCSRA)
• Portfolio-wide integrated QCSRA
• Business case and regulatory support, including compliance submissions and validation
• Program, Portfolio and enterprise risk management
• Risk maturity assessments and development of targeted uplift roadmaps
• Independent third-party assurance and validation
• Facilitation of risk workshops
• Risk capability uplift through training, culture development and implementation of risk management systems (RMIS)
• Schedule Confidence Risk Assessment Methodology (SCRAM)
• Root Cause of Schedule Slippage (RCASS) model