The MissionOS system is a highly valuable management tool, identifying the sources of risk and uncertainty, determining their impact and rapidly establishing appropriate corrective actions to mitigate & minimize the risk levels. Through demonstrating active Construction risk management software, MissionOS has delivered success in negotiated project-wide insurance.
Classification of Risks
Risk Management begins by classifying all the different hazards within a project and determining the most effective treatment of these risks throughout its duration.
The MissionOS system enables the fuller comprehension and understanding of risks, classification & assessment of these risks, and the appropriate decision-making in order to ensure effective controls are then established for a project.
Risk Identification
Risk Identification determines what could happen that could affect the project objectives and how these events could occur. It is an iterative process as new risks may only become known as the project progresses through its life cycle.
MissionOS identifies, tracks and reports on project parameters, from instigation through the entire implementation phases. The system combines and presents data in appropriate context for improving understanding.
Risk Evaluation
Risk evaluation is the process of comparing the results of the initial risk analysis with the risk evaluation criteria as defined during the project formation determining whether the overall risks are acceptable.
MissionOS provides real-time monitoring by the Project Risk Manager and project team, ensuring that new and evolving risks are identified, managed & appropriate responses are implemented effectively. Risk evaluation continues throughout the life of the project.
Risk Processing in Construction Projects
There are many aspects of risks and potential losses during construction projects, as well as a diverse mix of interactions which may influence them. These complicated relationships include direct, indirect, obvious, implied or unforeseeable risks. Quality, time and cost control are the three key objectives of project management. The risk and loss management of the construction period is a key element in the management of construction risks or hazards. Performance against the project time plan is closely and inextricably linked to the planned target cost.
With its highly configurable, easy-to-use system, system landscape, MissionOS can be customized to deliver project data in real-time to the key project stakeholders allowing them to make timely management decisions and mitigating risks Building and terrain models can be created and instigated through interactive surveys.
