Welcome to RiskConsult


News

UCA Excellence Awards 2020

We are very pleased and congratulate our partner John Reilly on receiving the Lifetime Achievement Award for his contributions to the tunnelling industry, his leadership of the Underground Construction Association (UCA) and International Tunneling and Underground Space Association (ITA), and his application of new technologies in cost and risk management during his 56 years in the industry.

You can watch the video presentation of the award for John Reilly (from 2:38 min) by following the link:

https://youtu.be/QVVl7OqCiYQ?t=158

Article "TBM procurement, risk, and technology advancement"

We are pleased to refer you to the interesting article on Tunnel Talk by our partner John Reilly: "TBM procurement, risk, and technology advancement", with updated recommendations on procurement, risk, and technology advancement of tunnel boring machines.

https://www.tunneltalk.com/Discussion-Forum-Nov2020-TBM-procurement-risk-and-technology-advancement.php

Event: "BauwirtschaftsUPDATE"

At the online expert workshop "BauwirtschaftsUPDATE", which will take place on November 29, 2020, our managing director Univ.-Prof. Dr. Philip SANDER will give a lecture on "Risk management as a basis for incentive-based construction contracts". RiskConsult supports this event as sponsor and is looking forward to the workshop.

https://www.uibk.ac.at/events/info/2020/bauwirtschaftsupdate

RiskConsult congratulates!

We are delighted to announce and congratulate our managing director Prof. Philip Sander on his election as Vice President of the Steering Committee of the "International Construction Project Management Association" (ICPMA). The ICPMA is a network of Construction Project Management professionals experienced in working internationally.

Prof. Sander will contribute his years of project management experience in major infrastructure projects in Europe, North and South America to the cooperation of the network.

We wish him all the best in his new position.

https://www.icpma.net/about/steering-committee

Event: "Partnership with building practice"

At the event "Partnership with Construction Practice", which will take place on November 19 and 20, 2020 in Tech Gate Vienna, our managing director Univ.-Prof. Dr. Philip SANDER will give a lecture on "Risk management as the basis for incentive-based construction contracts". In addition, our managing directors Univ.-Prof. Dr. Philip SANDER and Dr. Markus SPIEGL will explain "Calculating target costs and risk prevention using probabilistic methods" in the subsequent workshops.

Team strengthened

Daniel Weinberger joined our team in September 2020. He has experience in process engineering and statistical modeling and will join us as a technician.

We are pleased to have won Daniel Weinberger for our team.

Risk analysis for the extension of the U5 in Hamburg

A new, approx. 5.8 km long subway line with six stops is planned for the development of the districts Bramfeld, Steilshoop, Barmbek Nord and City Nord (U5 East). After a successful pilot project for the Nordheimstrasse stop, the developed model will be extended to the entire U5 Ost construction program. RiskConsult will use its worldwide experience and instruments from cost and risk management and will provide technical support for the probabilistic risk analysis of the U5 extension.

Risk analysis 2020 for the Brenner Base Tunnel

RiskConsult is pleased that the order has been placed to check and validate the update of the risk analysis of the Brenner Base Tunnel for 2020. Together with SFB-SRL from Rome, RiskConsult will use its global experience and software for cost and risk management and provide technical support for the annual cycle to update the probabilistic risk analysis of BBT-SE.

Team strengthened

Felix Pfluger joined our team in December 2019. He is a student of civil engineering and psychology at the University of Innsbruck and will work for RiskConsult as a technician.

We are pleased to have won Felix Pfluger for our team.


Team strengthened

Taylor Burns joined our team as a Junior Expert in December 2019. With more than 10 years of experience in the Australian construction industry, he will be RiskConsult's representative for this region and implement cost and schedule risk management for national and international clients.

We are pleased to have won Taylor Burns for our team.

Team strengthened

Joscha Kotlan joined our team in December 2019. He is a student of civil engineering at the University of Innsbruck and will work for RiskConsult as a technician.

We are pleased to have won Joscha Kotlan for our team.

Risk management for the U6 extension Martinsried in Munich

RiskConsult is pleased that the order has been placed to implement a risk management system together with SFF Ingenieure for the U6 extension project in Martinsried in Munich. The consortium RiskConsult and SSF Ingenieure will contribute their part to a successful project with their worldwide experience and software for cost and risk management.

Risk management for the U2 train station expansion in Vienna

RiskConsult is pleased that the order has been placed to implement a risk management system for the expansion of the train station An den alten Schanzen of the U2 in Vienna.

As part of the expansion of the train station An den alten Schanzen of the U2, RiskConsult supports Wiener Linien with processes and in-house tools and thus makes an important contribution to cost and time planning during the project realization.

RiskConsult congratulates!

We are delighted to announce and congratulate our managing director Dr. Philip Sander on his new appointment as University Professor for construction and project management at the Bundeswehr University Munich.

Prof. Sander took over the leadership of the Institute for Construction Management in October 2019 and brings his years of project management experience in major infrastructure projects in Europe, North and South America into his research and teaching. We wish him all the best in his new position.

https://www.unibw.de/home-en/appointment-of-professors/prof-dr-philip-sander/view

UniBw Institute Flyer digital A4_EN_F01.pdf

Consulting on the continued development of a corporate risk management system for the BGE

RiskConsult is pleased to announce the cooperation with the German federal company for radioactive waste disposal, the BGE. Within this cooperation RiskConsult will contribute its experience in the field of corporate risk management and project risk management to further develop a corporate risk management system for the BGE.

Read more in the attached article.

Risk Management Development_BGE_EN_F00.pdf

New branch - Munich

RiskConsult is pleased to open a new branch office in Munich and to start up further projects. You will find us at Hubertusstraße 10, 85521 Ottobrunn.

Cost and risk management for the Vienna metro intersection U2/U5

We are happy to announce a further cooperation with the Wiener Linien. RiskConsult emerged as the best bidder from the tendering procedure. For the extension of the U2 and the new construction of the U5, RiskConsult will support the Wiener Linien in the implementation and execution of a cost and risk management system.

New branch - Vienna

RiskConsult is pleased to open a new branch office in Vienna and to start up further projects. You will find us at Lehargasse 7, 1060 Vienna.

Contract NAGRA

RiskConsult is pleased to have been commissioned by Nagra. We will develop software to support the calculation of costs and the comparison of variants.

Team strengthened

John Thene joined our team in July 2019. After completing his master studies in civil engineering at the University of Minnesota, he worked for many years in America and abroad as a senior project engineer in the fields of water resources and hydraulic engineering and will work for us as a Senior Consultant.

We are pleased to have won John Thene for our team.

Incentive-Based Project Delivery with Fixed Price Incentive Fee Contracts

SANDER P., SPIEGL, M., REILLY J.: Article and Presentation, RETC Chicago, June 16th-19th 2019

2019_Incentive-Based Project Delivery with Fixed Price_web.pdf
2019_Incentive-Based Project Delivery with Fixed Price.pdf

Team strengthened

Friederike Wetzel joined our team in June 2019. She is a student of Strategic Management at the University of Innsbruck and will work for RiskConsult as a software tester.

We are pleased to have won Friederike Wetzel for our team.

Team strengthened

Severine Ax joined our team in June 2019. She is a student of civil engineering at the University of Innsbruck and will work for RiskConsult as a technician.

We are pleased to have won Severine Ax for our team.

Team strengthened

Franziska Haid joined our team in January 2019. She is a student of Management and Economics at the University of Innsbruck and will work for RiskConsult as a software tester.

We are pleased to have won Franziska Haid for our team.

Alternative Incentive-Based Project Delivery

SANDER P., REILLY J., WHYTE D., SPIEGL M.: Poster and Article, WTC Naples, May 7, 2019.

2019_Alternative Incentive-Based Project Delivery_F00_Poster and Paper.pdf

World Tunnel Congress - Naples

Joint workshops of working group 2 and 3 on risk management at the World Tunnel Congress 2019 in Naples, May 6th.

Team strengthened

Markus Jesacher joined our team in February 2019. After his master studies in Mineralogy/Petrography at the Leopold-Franzens University Innsbruck, he is now a student of Environmental, Process & Energy Engineering at the Management Center Innsbruck and will work for RiskConsult as a technician.

We are pleased to have won Markus Jesacher for our team.

Workshop: An engineering perspective on risk assessment: from theory to practice

There was an interesting exchange of experience at the workshop "An engineering perspective on risk assessment: from theory to practice" for our Managing Director Markus Spiegl at the CERN Research Center in Geneva.

Application Of An Integrated Cost And Schedule Analysis For Complex Tunneling Projects

Our Managing Director Philip Sander will give a lecture on this topic at the conference "Beyond A Tunnel Vision" in Brussels on November 27 2018.

Key processes necessary to identify and manage risks on complex tunneling projects have been developed over the last 20 years to implement risk-based approaches for better cost and schedule estimation. Cost and schedule, however, were mostly treated separately instead of integrating them into one model. This integration is highly relevant as schedule delays are very often the root cause for severe cost overruns. The presentation shows a fully-integrated probabilistic cost and schedule model that provides a basis for further analysis (e.g. what if) on a management level. The application is based on combination of practice-proved approaches to add a powerful tool for the management of complex risk environments.

For more information please visit:

http://beyondatunnelvision.eu/sessions/application-of-an-integrated-cost-and-schedule-analysis-for-complex-tunneling-projects/

2018-11-27_Brussels Integrated Cost _ Schedule Model_V06_F01.pdf

ICPMA Yearbook 2018

After the International Construction Project Management Association (ICPMA) presented Lima Airport Partner and RiskConsult with the "IQ Award" at the beginning of the year for their joint project to expand Lima International Airport - the corresponding article can be found in the ICPMA Yearbook 2018.

Download full yearbook

ICPMA 2018 Yearbook 26-30.pdf

Team strengthened

Sabine Reim joined our team in November 2018. After her master studies in civil engineering at the University of Innsbruck, she will be working for RiskConsult as a project engineer.

We are pleased to have won Sabine Reim for our company.

Company Outing

On September 21 2018 our team undertook an autumn hike to the Autenalm in the Stubaital in wonderful weather!

Team strengthened

Lukas Bitterlich joined our team in August 2018. After his master studies in Geology/Earth Science at the Leopold-Franzens University Innsbruck and his work as a geologist at the Brenner Base Tunnel, he will work for RiskConsult as a project engineer.

We are pleased to have won Lukas Bitterlich for our company.

Team strengthened

Alan Begic joined our team in July 2018. He is a student of civil engineering at the University of Innsbruck and will work for RiskConsult as a technician.

We are pleased to have won Alan Begic for our company.

CEVP-RIAAT Process - Application of an Integrated Cost and Schedule Analysis

SANDER P., REILLY, J., ENTACHER M.: Article and presentation, North American Tunneling Conference, Marroitt Hotel, Washington D.C., June 25, 2018

2018-06-25_NAT 2018 CEVP-RIAAT Process_V08.pdf
2018_CEVP-RIAAT Process_V13_F01.pdf

RiskConsult and ADP receive "IQ Award"

In collaboration with the ADP team, RiskConsult brought home an "IQ Award" distinction for the Lima Airport Development Program in Peru.

The “IQ Award” is given to those projects that have used innovation and new techniques or platforms to drive better quality in the delivery of projects to help future generations. The award was presented at the award dinner on June 4th, 2018 at this year's conference in London's National Theatre.


Team strengthened

Arno Van Droogenbroeck joined our team in June 2018. After receiveing the BSc in Business Engineering at the Free university of Brussels and the MSc in Business Engineering: Operations Management at Ghent University, he will work for RiskConsult as a Junior Expert.

We are pleased to have won Arno Van Droogenbroeck for our company.

WTC 2018

At this year's World Tunnel Congress our company was again part of the program.

Our Managing Director Markus Spiegl gave a presentation on "Risk-Based Integrated Cost and Schedule Analysis for Major Infrastructure Projects".

Prior to this, our Managing Director Philip Sander, Senior Expert Martin Entacher and our esteemed colleague John Reilly wrote a paper on this topic.

2018-04_WTC2018_Paper Sander, Entacher, Reilly.pdf
2018-04-24_Risk-Based Integrated Cost and Schedule Analysis for Major Infrastructure Projetcs_V01.pdf

Date and venue: 28. November 2017, Residence Inn Arlington Capital View, Washington DC

Lecturer: Philip Sander

Topic: Risk-Based Integrated Cost and Schedule Analysis

Key processes necessary to identify and manage risks on complex projects have been developed over the last 20 years to implement risk-based approaches for better cost and schedule estimation. Cost and schedule, however, were mostly treated separately instead of integrating them into one model. This integration is highly relevant as schedule delays are very often the root cause for severe cost overruns. The presentation therefore presents a fully-integrated probabilistic cost and schedule model to add a powerful tool for the management of complex risk environments.

2017_Risk-Based Integrated Cost and Schedule Analysis.pdf

Date and venue: 24. November 2017, Hotel Sofitel am Kurfürstendamm, Berlin

Lecturer: Philip Sander

Topic: Integrated Cost and Schedule Analysis - Application on Intentional Megaprojects

Risk-Based Integrated Cost and Schedule Analysis for Infrastructure Projects

SANDER P., ENTACHER M., REILLY J., BRADY J.: Article, Tunnel Business Magazine, August 2017, P. 43-37, 2017

2017_Integrated Cost and Schedule Analysis.pdf

Remise Brigittenau - pilot project to introduce cost- and risk management processes

RiskConsult is conducting the project "Remisen 2.0" in cooperation with Wiener Linien GmbH & Co KG, in which we introduce systematic cost- and risk management processes.

Risk analysis at the Lima airport expansion

In the course of the airport expansion at the Lima International Airport, the CEVP-RIAAT process, which was developed in cooperation with John Reilly, is successfully applied to base cost validation and risk analysis.

FH-Campus Vienna uses RIAAT for training purposes

The Vienna Institute for Safety and Systems Engineering at FH Campus uses the software-tool RIAAT to train industry partners and students and to demonstrate the implementation of RAMS analysis (Reliability, Availability, Maintainability and Safety).