- Assess the hazards and the uncertainties in cost, schedule within their project across the project phases
- Comprehensive evaluation to the different alternatives and provide deep mitigation strategies to the projects risks through comprehensive qualitative and quantitative risks analyses methods
- Maximize client business benefits through reviewing client business plan for an efficient project management that incorporate risk management, asset management, value management
YA ENGINEERING conforms to national and international guidelines for risk management, including CSA Q- 850 and has developed a number of qualitative and quantitative methodologies to assist management to manage the risks within their projects, YA also following the assessment, it works with client to mitigate the unacceptably high through reduce the likelihood of occurrence or the consequences.
YA ENGINEERING has conducted such services for different industries, including oil and gas, power, mining, structures rehabilitation, transportation, waste management and environmental risk Assessment, water resources, land development. Many of our projects involve complex systems with multiple stakeholders in the public and private sector. Our in-house risk management team include experts from engineers and scientists who understand the technical issues associated with complex projects.
YA ENGINEERING risk management process involves qualitative facilitated, brainstorming, questionnaires, interviews and other collaborative workshops in which risks and other uncertainties related to each phase of project development are identified through advanced risk quantification methods. The risk management process produces ranges of uncertainty for cost and budget constraints addressing the key schedule milestones, along with the different prioritized targets for practical risk management alternatives.
YA ENGINEERING provides and deliver advanced qualitative and quantitative risk management Services through a broad range of risk management techniques including:
- Integrated probabilistic risk management analyses for the cost, time and the cash flow analyses
- Probabilistic dynamic analyses through using advanced risk management quantification techniques
- Risk management cost-benefit reliability analysis
- Risk management portfolio analysis
- Risk management expert witness
- Facilitating risk-based decision making analysis
- Risk identification, classification analysis/assessment, risk prioritization and simulation modelling
- Risk management mitigation strategies, action plan and monitoring
- Risk management peer review