QUANTIFY
RISKS
Risk analysis through stochastic simulation models.
Transportation
Quantitative Risk Analysis
Aquanti specializes in Quantitative Risk Analysis (QRA). We advise clients on how risks and uncertainties impact their capital projects. We utilize computer modeling techniques such as Monte Carlo simulation to analyze a project’s cost and schedule.
Our risk analysis service offerings include:
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Quantitative Risk Analysis (QRA)
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Monte Carlo Simulation
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Integrated Cost and Schedule Risk Models
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Decisions Under Uncertainty
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Independent Project Assessments
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Decision Tree
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Optimization and Prioritization Analysis
Scenario Analysis
We can run alternative risk scenarios with our QRA. This allows us to analyze alternate plans, mitigation and recovery scenarios. This technique can also analyze risk transfer strategies.
Example of scenario risk analysis:
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Pre-mitigation vs Post-mitigation
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Acceleration and schedule recovery plans
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Risk transfer strategy scenarios
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Contracting methodology
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Public-Private Partnerships risk sharing
Risk Modeling Requirements
Aquanti is familiar and experienced with multiple federal and local risk management and analysis requirements and processes, including:
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FTA
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FHWA
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WSDOT
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Caltrans
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US Department of State