Risk Management is a fundamental component of the Cost Management service Altus Page Kirkland undertakes to develop and maintain accurate budgets throughout the life of a project. It ensures effective cost control and management by identifying the existing and potential risks of a project. Costs for any unknown and unforeseen items are accurately forecasted and appropriate contingencies and allowances are made in the budget. They are then effectively mitigated and managed through the appropriate allocation and expenditure of contingencies and allowances as the project progresses. Any cost uncertainties can be minimised, monitored and controlled throughout the life of the project as more information is gathered and confirmed.
Our other related services include Due Diligence Investigations and Reports, Insurance Evaluations and the development of Risk Management Plans carried out by our Asset Management division.