Warning: Use of undefined constant ENVIRONMENT - assumed 'ENVIRONMENT' (this will throw an Error in a future version of PHP) in /homepages/31/d300592667/htdocs/equib/wp-cms/wp-config.php on line 32
risk management case study – Equib

Tideway will build the tunnel that tackles the overflows from the capital’s Victorian sewers into the River Thames for at least the next 100 years, and enable the UK to meet European environmental standards.

Thames Tideway West

London’s sewerage system is no longer fit for purpose and spills millions of tonnes of sewage into the tidal section of the river every year. Tideway will build the tunnel that tackles the overflows from the capital’s Victorian sewers into the River Thames for at least the next 100 years, and enable the UK to meet European environmental standards.

The services are being provided to BMB JV, which is a joint venture compromising: BAM Nuttall, Morgan Sindall and Balfour Beatty. The BMB JV will deliver the construction in the west region from Acton to Fulham, under the Tideway West contract.

Following BMB JV securing the contract to design and construct the west section of the Thames Tideway project; we were commissioned to provide a full-time risk manager to support the senior management team and section managers with a comprehensive risk management and analysis service covering 9 construction sites, marine logistics, commercial and design, each with their own risk register. The day-to-day risk management services for the JV; which include: risk reduction meetings, monthly reporting both internal (BMBJV) and external – client (Tideway), ARM administration, quantitative cost risk analyses (QCRAs), quantitative schedule risk analyses (QSRAs), and pricing of PMIs.  We are working closely with both the JV and client’s delivery teams to ensure that opportunities are maximised and the risk exposure is minimised, in relation to time and cost.