Geocomp Consulting: Services: Active Risk Management

Geocomp is a worldwide leader in Active Risk Management (ARM) for infrastructure construction. ARM is an approach to risk management that monitors, assesses and responds to threats throughout the life of a project. This approach, based on “identify”, “measure” and “act” modern management principals, was developed by Geocomp Corporation to better manage risk for large infrastructure projects.

ARM identifies the significant risks at the front end of a project and develops Key Risk Indicators that show the risk status for each of these. Then using real-time systems to monitor Key Risk Indicators, Geocomp’s ARM provides continuous status reports on Key Risk Indicators, and takes action to minimize consequences from the risk elements. Geocomp’s staff has more than thirty years of experience with ARM on infrastructure projects around the world.

© 2007 Geocomp Corporation