Infrastructure Risk Management

Tappan Zee Bridge

Risk Management Services

ARA provides engineering-related risk management services to improve infrastructure project and program delivery, and to help achieve enterprise... more

ARA provides innovative risk management services for a broad range of transportation- and infrastructure-related projects and programs. We combine decades of research & development, technology deployment, and consulting experience with broad subject matter expertise and integrate them with proven processes and powerful risk management tools to offer truly comprehensive services and technologies. Our efforts focus on identification, assessment, and mitigation of risks (threats and opportunities), and the results add value to project and program performance that provide for:

  • Informed and focused decision making
  • Improved communications among internal and external stakeholders
  • Improved project, program, and portfolio delivery
  • Achievement of enterprise goals and objectives
  • Enhanced schedule and budget performance
  • Improved community relations and perceptions
  • Fulfilment of environmental, safety, and quality commitments

Our service is practical and understandable. We can provide one or more of the following deliverables:

  • Risk managers and risk management support staff
  • Opportunity and threat (risk) management plan
  • Opportunity and threat analysis
  • Opportunity and threat ranking/prioritization (qualitative)
  • Root cause analysis
  • Quantification of identified risks (modeling, Monte Carlo simulation)
  • Opportunity and threat responses (allocate, treatment, mitigate)
  • Monitoring/tracking/follow-up
  • Risk management training
  • Communication/messaging
  • Process and procedure guidance
  • Incorporation of risk management into business processes
  • Evaluation of the maturity of existing processes and identification of key performance indicators
  • Independent assessment of risk analysis by others (as a third party)

ARA has supported risk management efforts for the Federal Highway Administration, National Highway Institute, Transportation Research Board, American Association of State Highway Transportation Officials, state transportation agencies, toll highway agencies, design-builders, public-private partnership concessionaires, civilian and military airports, the U.S. Department of Defense, and numerous cities and counties.

Tappan Zee Bridge

Risk Management Services

ARA provides engineering-related risk management services to improve infrastructure project and program delivery, and to help achieve enterprise... more