RMBD Risa Management

Data Base

RMDB is an operational tool containing in a structured way,the methodologies for the management and control of the risk profile during the tendering and execution phase of the EPC Contracts

The The systems allows to identify a allows to identify a balanced risk profilebalanced risk profile among among the the bidder, his partners, the customer bidder, his partners, the customer and other third partiesand other third parties involved in involved in the process through the correct the process through the correct allocation of the contractual allocation of the contractual responsibilitiesresponsibilities..

The RMDB has been designed to The RMDB has been designed to guide the analysts,guide the analysts, together with the together with the other departments involved in the other departments involved in the processprocess, by , by establishing criteria and criteria and limits limits and identifying and identifying who may have who may have authority to deviate from such pre authority to deviate from such pre established rulesestablished rules..

The basic process consists of methods and instruments suitable to identify, monitor and mitigate the risks as part of the activities of Proposal and Project Management.

The system is structured as a The system is structured as a Data Data Base for various projects Base for various projects as well asas well as by by categories and typologies of the categories and typologies of the various risk eventsvarious risk events; it also ; it also provides rules and recommendations rules and recommendations resulting resulting from internationally recognised and from internationally recognised and consolidated practises of active consolidated practises of active mitigation.mitigation.

The The system is conceived as is conceived as a tool a tool for thefor the Engineering and Contracting Engineering and Contracting Companies Companies of medium and large of medium and large size, as well as for the size, as well as for the Consulting Consulting Enterprises Enterprises who are in charge of who are in charge of managing the Bidding Process managing the Bidding Process as as Project Management ConsultantProject Management Consultant. .

RMBD : RISK MANAGEMENT DATA BASE RMBD : RISK MANAGEMENT DATA BASE A NEW AND INNOVATIVE APPROACH TO THE RISK IDENTIFICATON A NEW AND INNOVATIVE APPROACH TO THE RISK IDENTIFICATON

AND CONTROL AND CONTROL

System System ArchitectureArchitecture

PRE-TENDERING

The Project Information

The Fatal Flaw Analysis

The Screening Method

The Screening Summary

TENDERING AND NEGOTIATION

Risk Identification and Analysis

Contingency and Risk Mitigation

PROJECT EXECUTION

Risk Monitoring and Control

Contingency Available for Risk Coverage

Project Opportunities

RMBD MAIN FORMS :RMBD MAIN FORMS :THE THREE MAIN PHASES OF THE OPPORTUNITY THE THREE MAIN PHASES OF THE OPPORTUNITY

The Forms