DRM™ is a structured approach to decision-making which helps to guide alternative courses of action in a rational and consistent way and is applied to strategic decision making and operational risk management. Our DRM™ consultants employ a range of tools and methods to help clients make complex decisions. Such decisions usually involve significant investment and conflicting objectives so the optimum decision needs to take account of potential costs, risks, rewards and uncertainties.
Projects we have worked on include: oil, gas and condensate field development; facilities construction/enhancement; asset integrity and refurbishment; waste management; and CO2 sequestration.
Our DRM™ service provides the following benefits: arrival at the optimum outcome, identification of a robust strategy, buy-in from stakeholders, and provision of a decision audit trail. Quantitative models can also be built which identify the decision options that optimise the selected value measures.
Decision Risk Management
Workshops and individual discussions with clients to identify key issues and business processes
Appreciation of operational risk management techniques to identify key risks
Identification of strategies to manage risk
Training of client’s personnel, and provision of ongoing support
Creation of decision audit trails
Application for a wide variety of situations, including oil, gas and condensate development projects, facilities construction and enhancement, asset integrity and refurbishment, waste management and
CO2 sequestration.
For further details please contact: drm@rpsgroup.com
