Plan to succeed
Act before impact

How project development and resource extraction is conducted creates impacts, real or perceived. When project impacts are understood and acceptable to crucial stakeholders; be they governments, communities, investors, lenders, insurers, workforces or regulators, the risk to project schedule, cost, reputation and delivery is reduced. A project’s complexity increases when multiple modifying factors directly or indirectly interact. These interactions may create cumulative impacts that can compound the range and severity of concurrent risks. These are multi-factor risks. The impacts and interdependences of multi-factor risks increases uncertainty and risk. Risks from modifying factors can result in delays, cost overruns, rework and even abandonment.