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Regardless of the magnitude of construction projects, each comes with its own risks and opportunities. And a crucial element is identifying these said risks and managing them accordingly to avoid unnecessary costs and delays. MissionOS is a highly-valuable management tool, identifying the sources of risk and uncertainty, determining their impact and rapidly establishing appropriate corrective actions to mitigate and minimise risk levels. With numerous instruments and machineries all working simultaneously for the completion of projects, engineers must take special consideration when identifying, controlling and monitoring risks properly. The MissionOS software is capable of delivering active risk management, and has delivered success in negotiated project-wide insurance, with up-to 0.1% of construction value in reduced project premiums. Projects such as KVMRT in Malaysia, have benefited greatly through using MissionOS for this particular aspect, amongst other capabilities. MissionOS enables the complete risk management of a project throughout the full cycle, with the system helping key project stakeholders with classification of risk, risk identification, risk evaluation, risk analysis cycle, and risk processing in construction project.
Want to find out more about Risk Management on MissionOS? Visit: https://www.maxwellgeosystems.com/benefits/risk-management
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Date: 07/06/2022
Ref: MGS-RMT 01