September 24, 2021 by A New Approach To Risk Management Consistently achieving business objectives requires a well-functioning, standardized risk management process fully integrated into your organization’s objectives. Our proprietary benchmarking data indicates that more than 35% of all major projects fail to meet critical objectives due to ineffective risk management. An optimized, standard process for the management of risk, governance, and compliance is essential to delivering predictable and competitive project outcomes. AP-Networks is here to help. Through our Risk Process Development engagements, we put our knowledge and experience implementing risk management processes for the world’s leading heavy industry companies to work for you. Our practical understanding of risk management gives us the foundation to develop a process customized to your organization’s needs — and becomes integral to your organization. Our expert associates will help you establish a risk management process that is uniform, practical, and measurable in its effectiveness. Summary AP-Networks’ proven methodology for Risk Process Development has delivered first-class results to the world’s leading heavy industry companies by: Improving management visibility into the most critical risks, allowing for proper risk identification, monitoring and mitigationDriving risk accountability and compliance sign-offs through a well-defined governance structure that outlines key roles and responsibilitiesFocusing the efforts of the project team to mitigate the risks with the greatest potential impact on project outcomesEnabling a standardized risk management process across the organization, driving 100% adoption and commitmentProviding access to proven best practices and methodologies based on AP-Networks’ extensive and ever-growing risk database