Risk Management Reflection

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I have a sound understanding of project controls fundamentals, which is proven by my accreditations in project controls and project management disciplines as follows: I am among the few cost engineers in Australia, who were granted the globally recognised cost engineering credential of CCP (Certified Cost Professional) by Association for the Advancement of Cost Engineering (AACE) in Canada. This credential proves my extensive understanding of cost engineering, cost estimation, cost controlling, budgeting and forecasting, project accounting, and cash flow management. I am also accredited by the Project Management Institute (PMI), as a Risk Management Professional (PMI-RMP), which proves my sound understanding of projects risk management. My in-depth knowledge of risk management assisted me to transform Atlas’ risk management process from Naïve to Natural maturity in order to address the entire risk management process including qualitative and quantitative risk management. I introduced, initiated, and developed the risk management system and provided training to other project controls team to ensure successful establishment and implementation of a comprehensive risk …show more content…

That is how an organisation could utilise Earned Value Management (EVM) system for an effective integration of these critical metrics. I used my extensive knowledge of EVM in performance management and setting up key performance metrics to propose and develop this method for Atlas and AECOM, where the realised benefit was a significant improvement in the schedule, cost, and scope performance. For example as the result of using this method at Atlas, Schedule Performance Index (SPI) and Cost Performance Index (CPI) improved by 35% and 20%

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