A free webinar is on offer for risk managers to tune into this month and learn how to deal with some of the key challenges that the business community faces today.
Capital-intensive projects come with a whole host of risks. If you’d like to discover how to deal with them, tune into this free webinar.
The 30-minute Managing Risks in Capital Projects webinar, hosted by RMSS, will take place on 23 August at 11am EST.
Participants will discuss the current market challenges and risks, and how these can be overcome for organisations that undertake multi-year capital-intensive projects.
The webinar’s contents will be especially pertinent for risk managers whose organisations are experiencing increased pressure from internal austerity or increasing government measures in capital project delivery.
According to RMSS, organisations today face the challenge of successful project delivery in environments with rapidly shifting market dynamics. These projects can be highly risky due to their extended duration, large capital cost and complex nature.
Effective management of project risk in Australasia is becoming increasingly important due to the following:
Increasing budget cuts and subsequent cost cutting initiatives
Increasing project delay/projects on hold
Increasing fines for late project delivery
Increasing project cost overruns.
It adds that robust risk and compliance management practices can add value in assessing, measuring and monitoring risk in capital projects. These practices provide organisations with real-time information and certaincy around the following:
Providing stakeholders with the assurance they are looking for around capital projects
Meeting corporate state/legal obligations
Maximising your opportunities to realise the benefits you are seeking from your capital projects
The ability to make better business decisions around capital projects.
If you are a decision-maker in industries such as mining, construction, government, oil, energy and utilities that undertake multi-year capital-intensive projects, then you’re strongly encouraged to attend.
Click here for more details.