Risk management techniques
Ramboll’s proven system of project risk management identifies, assesses and reduces the hazards at all stages of a project. We work with the client and project team to determine project risks relating to environmental factors, human safety, quality of work, time delays and additional costs. We eliminate high-risk items and monitor others throughout the project.
We use quantified risk analysis, which involves detailed modelling of event probabilities and consequences.
The technique covers the following areas:
• Bridges — ship collision, traffic and wind load modelling
• Tunnels — fires and explosions, evacuation, emergency planning
• Transport — railway safety, navigational risk, road and rail accidents
• Energy — human safety, availability, reliability
• Process plants — explosives (ATEX directives), land-use planning, authority approval, safety integrity level (SIL) requirements
Ramboll Risk & Safety carries out advanced data evaluation and innovative mathematical modelling, as part of a risk analysis or as a separate service. To complement our in-house systems, we use state-of–the-art commercial software tools such as MatLab, @RISK and HUGIN.
We have developed a database system to accompany the risk management process. It establishes a project’s current risk status, and monitors the significance of identified risks and risk-reduction measures.
Ramboll has also devised the computer application RiskSim, based on Monte Carlo simulation, to provide risk profiles and sensitivity analyses for varying input parameters.
Our international team is acclaimed for building and analysing computational fluid dynamics models, often using the advanced computer simulation models ANSYS and CFX. The work encompasses projects relating to wind environment, wind/wave loading, indoor ventilation, fire and explosion.