Risk Management Services

Identify, quantify and mitigate risk to protect your project’s bottom line.

Risk management strengthens commercial outcomes for critical infrastructure and construction projects

Every infrastructure project carries risk, but uncertainty doesn’t have to mean financial exposure.

At Lewis Woolcott, we put commercial clarity at the center of risk management, replacing assumptions with measurable insights to protect your bottom line and drive smarter financial decisions for project managment.

We replace uncertainty with data-driven decisions, partnering with asset owners, project managers, contractors and investors to:

Value risk with precision​

Assigning accurate financial values to risk exposure, ensuring project budgets and schedules reflect reality.

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Pensive man looking at finances

Quantify financial exposure

We work with you to quantify delays, cost overruns and procurement bottlenecks, supporting project owners, investors and contractors to proactively manage risk to ensure project success. 

Turn data into strategy

By leveraging data-driven risk modelling, trend analysis, and predictive analytics, we transform uncertainty into actionable insights.

Data risk analysis

Data-informed risk assessments

Replacing subjective opinions with data, using quantative analysis, risk modelling and forecasting to prevent overruns and delays.

Commercial clarity: turning project risk into opportunity

The most successful projects don’t just avoid risk – they control it to their advantage. Our team works alongside clients to develop proactive risk strategies that increase financial resilience, strengthen contract positions, and prevent unexpected losses.

  • Contingency planning and risk valuation
    We apply quantitative risk modeling to ensure project plans and budgets and related contingencies are financially sound and reflect real-world risks. We help investors, financiers, asset owners, project managers and contractors price risk accurately avoiding costly underestimations.
  • Schedule risk and recovery analysis
    Delays erode profitability. Our schedule risk analysis predicts potential disruptions and offers recovery strategies that optimise program acceleration, minimise damages and improve overall delivery certainty.
  • Contract and procurement risk advisory
    We don’t just identify project risks, we quantify their financial impact and provide clear recommendations to support contract negotiations, cost control and project scheduling.

Analyse project data anywhere, anytime with ease no matter your expertise!

Data-Driven Decision Making

In today’s complex infrastructure landscape, subjective risk assessments are no longer enough. Investors, developers, and EPC contractors need quantifiable, data-backed insights to make informed decisions, secure funding, and manage project risk with confidence.

At Lewis Woolcott, we harness the power of LWARE Logic+ to provide:

✔ Risk modelling for financial forecasting – Predicting cost exposure and contingency requirements.
✔ Trend analysis – Identifying emerging risks before they impact budgets and schedules.
✔ AI-driven predictive analytics – Optimising supply chain strategies, scheduling and procurement planning.

By integrating cutting-edge technology with expert risk consulting, we help clients de-risk projects, improve scheduling accuracy, and prevent costly delays.

chart representing data driven risk managment

Trusted by industry leaders

We have helped some of Australia’s largest infrastructure, resources, transport and utilities organisations turn risk into measurable commercial value, including:

News & articles

Mar 04 2025

Navigating the unknown: The importance of risk management in large-scale projects

Understanding the unknowns “There are known knowns. These are things we know that we know. There are known unknowns. That is to say, there are things that we know we don’t know. But there…
May 21 2024

Critical path clarity in project management

LWARE Logic+ revolutionises critical path calculations. The construction and infrastructure industries face a common challenge: while professional planning software like Primavera P6 and Asta are excellent at capturing and managing data, they fall short…
May 10 2024

Smoother outcomes for disputes and claims with ADR

We all know in the construction industry that disputes are inevitable, unfortunately they derail projects, impacting timelines and budgets. Traditional litigation to resolve disputes can be costly and time-consuming, leading the industry to increasingly…

Turn risk into a competitive advantage

By partnering with Lewis Woolcott, you gain:

✔ Risk models that drive smarter investment decisions.

✔ Data-backed insights to inform commercial and financial strategy.

✔ Valuation techniques that strengthen negotiations and protect profitability.

Chat with an experienced risk management consultant from our team.

Prefer the phone? (07) 3155 3565

Leading the way in risk management on projects in Australia and beyond.

Risk Management