Provision of Quantitative Risk Analysis Services to National Highways' Major Projects Directorate
Awarded 19 Mar 2024
About
National Highways awarded a contract to AtkinsRéalis for the provision of a Quantitative Risk Analysis (QRA) Service across the Major Projects Directorate (MPD).
The service involves estimating and calculating potential risk impacts through statistical sampling and modelling techniques, covering both quantitative cost risk analysis (QCRA) and quantitative schedule risk analysis (QSRA).
The contract, valued at AUD 752,132.21, supports more informed decision-making, realistic budgets and baselines for risk and uncertainty, proactive risk management, and improved confidence in project and programme delivery.
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