If you’re not sure what to do first to improve risk management, Ten Six offers the Risk Management Maturity Assessment® (RMMA). During this assessment, we review six critical areas of your risk environment. We evaluate how well your organization is doing in each of these key areas. The aim is to assess current maturity and identify the gap(s) between the “as is” and the “best practice”. With this information, we then work together with you to determine how to improve your organization’s (or project’s) risk management maturity.
The Risk Management Maturity Model
Typical Risk Maturity Assessment
Our clients have seen the following benefits as an output of a Ten Six RMMA. We have subsequently worked with them to successfully bridge the gap to best practice. These benefits included:
- Sets expectations across the organization about the importance and priority of doing and integrating risk management in to business decision making and managing projects
- Tightens linkage of projects’ outcomes to business objectives
- Fosters communication and trust between all stakeholders, the customer
- Able to better manage “bad” news or surprises
- Keeps the project “out of the weeds” and focused on critical outcomes
- Engages sponsor, management, suppliers, PM and team in a more open and honest dialog about the challenges faced in meeting agree objectives
- Clarity and understanding what risk is about
- Sets stage for cost and schedule contingency calculation
- Focuses leadership and team on most important risks
- Sets the stage for changing the organization/project culture
See a recording of our webinar on what is essential to set a foundation for Improving Risk Management Maturity.
Risk Management Services We Offer