Systematic Risk Management (SRM) – Don't Let Surprises Undermine Your Project / Performance

Why we need to do Systematic Risk Management Workshops?

• Shift from Reactive to Proactive: Stop fire-fighting and start fire-preventing, identify threats before they become costly problems
• Make Confident Decisions: Prioritize your efforts based on data, not guesswork. Allocate your resources to the areas that need them most
• Seize Hidden Opportunities: Risk management isn't just about threats, discover and plan for positive uncertainties that can give you a competitive edge.

How we can help?

According to the Risk Management for Public Works - Risk Management User Manual issued by The Government ofHong Kong Special Administrative Region Development Bureau, the SRM process is:

It will help the team to:

• Collaborative Identification: Structured sessions to uncover risks across all areas — technical, operational, financial, and strategic
• Clear Prioritization Matrix: Visually map risks based on impact and likelihood to focus on what truly matters

• Create a Practical Action Plan: Move from discussion to action with clear, assigned steps for treating the most critical risks
• Develop a Living Risk Register: Walk away with a tangible, master document that tracks all identified risks and mitigation strategies
• Build a Shared Risk Vocabulary: Ensure everyone is aligned on what constitutes a risk and how to talk about it.

Reference:

Risk Management for Public Works - Risk Management User Manual
(https://www.devb.gov.hk/filemanager/technicalcirculars/en/upload/28/2/C-2005-6-0-1-User%20Manual%20(2nd%20ed).pdf),

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