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4

CONSTRUCTION WORLD

MARCH

2015

“These achievements highlight

Aurecon’s aptitude for providing

in-depth solutions to the complex

project risks that our clients

face,” says Simon van Wyk, an expert in risk

management at Aurecon, who is also an

Associate Member of IRMSA, a Corporate

Member of the Disaster Management Insti-

tute of Southern Africa (DMISA), as well as a

Professional Natural Scientist with the South

African Council for Natural Scientific Profes-

sions (SACNASP).

“Whilemany companies understand that

risk management brings value to a project,

there’s often still a learning curve that needs

to be overcome in order to get everyone on

board with understanding the objectives

and the true value add – especially the vital

importance of including risk management

during the design and execution phases of a

project,” believes Van Wyk.

Pioneering excellence in

RISK

MANAGEMENT

Aurecon South Africa’s operational

and project risk management team

recently won the award for ‘Best Risk

Consultancy’ at the 2014 annual Institute

of Risk Management South Africa (IRMSA)

Awards. At the same event in 2013,

Aurecon was also the category winner in

the ‘Environmental Initiative’ category

and runner-up in the ‘Mining, Resources,

Construction, Engineering and Related

Services’ category.

>

A holistic understanding

There are a number of risks, including

disaster risk, financial risk, environmental

risk and operational risk, that need to be

assessed and managed before a project can

commence, and none of these risks should

be viewed in a ‘silo’.

Several of Aurecon’s clients have been

factoring risk assessment and management

into their project costs during the concept

phase of projects for many years, so working

with these types of ‘risk mature’ clients

gives risk consultants the advantage of not

having to justify methodologies and what

might appear to be ‘over-analysis’ of project

risks. With clients who haven’t always been

working with risk management consultants,

tools and processes before, however, the risk

assessment process is not always the easiest

learning curve.

Simon van Wyk, an expert in risk management

at Aurecon.