Minimizing Risk

An effective risk mitigation strategy identifies potential risks, how they will be dealt with, and a solid plan of action to mitigate them. Identifying risks and proactively creating and implementing a mitigation strategy is one of the most effective ways URL helps protect a client’s project.

URL’s risk mitigation strategy services include:

  • Identifying, quantifying, and characterizing potential risks and common causes,
  • Identifying alternative mitigation strategies, methods, and tools for each major risk,
  • Assessing and prioritizing mitigation alternatives,
  • Selecting and committing the resources required for specific risk mitigation alternatives,
  • Communicating and documenting results to all project participants.