We are fully conversant with all the most commonly used proprietary software packages including Palisade Decision Suite / @Risk; Predict!; Crystal Ball; ModelRisk; and Primavera Risk Analysis, in addition we have expertise in the implementation and use of ARM.

Equib provides the following quantitative risk analyses based on the use of Monte Carlo simulation to aid robust decision making:

  • Estimating cost variability/ tolerance¬†(as distinct from risk which has an associated probability)
  • Project and programme opportunity and risk
  • Schedule duration variability/ tolerance/ uncertainty, risks and opportunities
  • Schedule critical path analysis under uncertainty
  • Elastic cash flow modelling- the combination of the effects of cost and schedule variability and risk on a cash flow forecast
  • Tender assessment- the impact of exclusions, caveats, clarifications and assumptions in tender returns
  • Prioritisation of key risk management interventions
  • Claims exposure- assessment of the potential level of claims providing key intelligence for settlement negotiation
  • Target cost negotiation and agreement
  • Risk sharing agreements

We are fully conversant with all the proprietary software packages including Palisade Decision Suite / @Risk; Predict!; Crystal Ball; ModelRisk; and Primavera Risk Analysis.

We also have detailed knowledge and extensive experience of using Active Risk Manager (ARM); with clients such as Network Rail and Crossrail.