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MMA
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• Awareness of risks to your project's interests, and which are the more significant
• Your decision making informed by knowledge of the risk implications
• Understanding which risks you can afford to take to promote profit
• Effective control asserted over the risk (via rigorous systematic management)
• Resources for risk reduction focused where they are most effective
• Opportunity balanced optimally with the risk
• Your Customer's confidence increased by clear risk information
• The credibility of your bids enhanced, adding to the probability of winning
• Understanding a bid's risks before they become commitments
• Openness, trust & cooperation promoted between all the project stakeholders
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Benefits of PRM
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Copyright MM Associates Ltd 2003
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