EVMCS
Consulting Experts
RISK ANALYSIS &
QUANTITATIVE MODELING
Project Risk, Uncertainty & Monte Carlo Analysis
Risk Analysis, Uncertainty Modeling & Controls
Successful EPC projects don’t fail because of one major issue—they fail because smaller risks go unnoticed, unmeasured, and unmanaged until it’s too late. At EVMCS, our Risk Consulting services help project teams see what’s coming before it impacts cost, schedule, or performance. We bring structure, clarity, and quantitative insight to complex project environments where uncertainty is inevitable and proactive risk management is essential.
We facilitate qualitative risk workshops, build living risk registers, and guide teams through the identification of threats and opportunities across engineering, procurement, construction, and commissioning. From there, we transform these insights into quantitative models using Monte Carlo simulations, statistical analysis, and advanced scenario modeling to provide realistic contingency requirements and “what-if” forecasts
Our risk consulting approach ensures that project leaders fully understand the drivers behind potential delays, cost growth, productivity dips, and vendor or engineering bottlenecks. More importantly, we help teams develop actionable mitigation plans—allowing projects to stay resilient, adaptable, and prepared for evolving conditions.
Whether you're looking to validate contingency, establish a risk governance process, or integrate Schedule Risk Analysis (SRA) and Cost Risk Analysis (CRA) into your monthly cycle, EVMCS delivers the tools and expertise to build confidence into every phase of execution.
Our risk consulting approach ensures that project leaders fully understand the drivers behind potential delays, cost growth, productivity dips, and vendor or engineering bottlenecks. More importantly, we help teams develop actionable mitigation plans—allowing projects to stay resilient, adaptable, and prepared for evolving conditions.
Whether you're looking to validate contingency, establish a risk governance process, or integrate Schedule Risk Analysis (SRA) and Cost Risk Analysis (CRA) into your monthly cycle, EVMCS delivers the tools and expertise to build confidence into every phase of execution.
Services:
• Qualitative Risk Workshops
o Threat & Opportunity Identification
o Risk Register Creation / Facilitation
• Quantitative Risk Modeling
o Schedule Risk Analysis (SRA)
o Cost Risk Analysis (CRA)
o Tornado Diagrams, Sensitivity & Contingency Modeling
• Risk Mitigation & Controls
o Mitigation Strategy Development
o Risk Response Tracking
o Contingency Drawdown & Trending