Risk analysis is the identification and quantification of construction risks in terms of cost and programme which exist in every project. Risk management is the process implemented to monitor and subsequently reduce, contain or eliminate the risks identified during the risk analysis process.
During the pre-construction stage, Align’s role in this process, in dialogue with the client and the project team, is to prepare a risk register and to monitor and update the document so as to identify the residual risks that cannot otherwise be reduced, contained or eliminated.
