Our client is a leading engineering services firm delivering integrated solutions for environmental remediation, sustainability, property redevelopment, energy and construction projects. The client had 1000+ active projects at any given time. They wanted a solution to assess risks associated with a project.
The main objective was to provide a solution to predict the probability of budget overshoot for each project. It should also be able to quantify the impact of project risk in monetary terms and thereby prioritize active projects in the portfolio for business action based on predicted riskiness and impact.
Provided a semi-automated solution for the legacy platform involving complex data handling