Risk Management

CORINTHI provides comprehensive risk management plans for all types of projects within the construction industry. Through a well-structured working procedure, CORINTHI assures capturing all types of risks within the case study’s context. Our risk management plans are established through the following main steps;

 

 

CORINTHI provides comprehensive, visually-presented definition of related risks through establishing a well-structured risk-capturing and definition plan underpinned by CORINTHI’s relevant experience and international standards.

A project-specific methodology is established to determine the criticality of associated risks within the defined context. Subsequently; CORINTHI assures delivery of the consequences and likelihood of all defined risks in a user-friendly format using CORINTHI’s distinctive format.

Reviewing the history of project-related activities, CORINTHI establishes a realistic, accurate tolerability benchmarks to evaluate the analyzed risks. Accordingly; CORINTHI categorizes the analyzed risks while determining the priority of evaluated risk supported by well-defined justification.

In cooperation with the owner and/ or other project stakeholders, CORINTHI provides comprehensive plans for cost-efficient risk treatment solutions. Risk treatment includes; risk elimination, risk reduction, risk transfer, and others.

Prior to assessing the risks, CORINTHI establishes a project-specific communication plans to allow for proper exchange of information between all relevant project stakeholders.

Through established models, CORINTHI provides a lifecycle monitoring and review plans to verify and validate the effectiveness of the established risk management plan. CORINTHI’s model allows for simple, real-time update and modification of all information in the established plans.