Risk Management Services

Transforming Uncertainty into a Strategic Advantage

K2's risk management approach turns uncertainty into opportunity by proactively identifying, assessing, and overcoming risk.

Risk Identification

Our team of risk experts will support the development of a comprehensive risk register by reviewing project documentation, gathering stakeholder inputs, and leveraging our past experience. Risk workshops are hosted with the project team to review existing risks, identify new risks and finalize risk register inputs.

Risk Assessment

K2 performs qualitative and quantitative risk assessments to evaluate the potential impact that project risks will have on the Integrated Master Schedule and project budget. A Schedule Risk Assessment is performed to determine an expected project cost and expected project completion date that aligns with the organization's risk appetite and the project risk threshold.

Risk Treatment

We develop custom risk mitigation strategies that define a clear remediation plan for each project risk. Proactive risk treatment enables the project team to focus on its core responsibilities rather than scramble for last-minute workarounds as risks arise.

Risk Control

K2 analyzes data to evaluate the effectiveness of the project's Risk Management Plan. The risk register is reviewed to validate that it aligns with current project conditions, risk reviews are conducted to identify emerging risks, and key performance indicators are monitored to evaluate whether risk treatment plans should be implemented.

Compliance Audits

K2 audits project documentation to verify adherence to local, state, and federal regulations. A gap analysis is performed to identify deficiencies and implement corrective actions.

Latest Blogs

How to Analyze a Project Schedule Using Deltek Acumen Fuse

Sep 9, 3:36PM

At K2 we regularly work with large scale construction projects that often have thousands, if not tens of thousands, of activities in their project schedules. This can make the project schedule increasingly difficult to understand, analyze, and use as a tool to manage the project.