Risk Management
A robust suite of services that identifies, analyzes, and mitigates organizational risk—ensuring your capital projects in mining, energy, and infrastructure stay on track, on budget, and prepared for the unexpected.
Unmitigated Risk Is the Fastest Path to Failure
Complex capital projects require more than just engineering and equipment—they demand structured processes, accurate data, aligned teams, and proactive decision-making. Yet many organizations face schedule delays, cost overruns, documentation breakdowns, and supplier challenges due to gaps in internal expertise or overstretched teams.
HTC’s Project Services provide the specialized support needed to overcome these challenges. From procurement execution to risk modeling and cost control, we deliver practical, experience-driven solutions that improve performance, reduce risk, and keep your project moving forward with confidence and transparency.
HTC Helps You Manage Risk Before It Manages You
At HTC, we take a proactive and structured approach to risk management. Our team provides deep experience in identifying technical, financial, operational, and environmental threats and opportunities from early project studies through execution. Whether you need robust modeling for capital allocation, formal risk reviews, or embedded support for governance and mitigation planning, we tailor solutions to match the unique challenges of your project and industry.
End-to-End Risk Services that Strengthen Project Resilience
With HTC’s Risk Management services, you gain clarity, control, and confidence—transforming uncertainty into strategic foresight and reducing your exposure across every phase of your capital project.
Robust Risk Modeling
We deploy advanced probabilistic models—including Monte Carlo simulations—to quantify cost and schedule risks based on realistic inputs and likelihoods. These simulations help you build better contingency strategies, understand exposure, and set more defensible management reserves, budgets, and timelines.
Project Review Phase Risk Management Services
As your project matures, we facilitate formal risk workshops, scenario testing, and mitigation tracking. We engage stakeholders to ensure risks are continuously evaluated, re-ranked as likelihoods and severities change, and that mitigation strategies are effectively implemented throughout project execution.
Opportunity Realization
Risks include both threats (negative) and opportunities (positive). While it’s critical to manage threats, identifying and capitalizing on opportunities is equally important. A structured risk identification process reveals areas for improvement and optimization—insights that are then built directly into project execution planning.
Study & Planning Phase Risk Management
During early-stage studies and planning, we conduct structured risk identification sessions, develop risk registers, and define treatment plans. These efforts support better project definition, stronger execution plans, and alignment with National Instrument 43-101 and other industry standards.
Stakeholder Engagement & Governance
We collaborate closely with site teams, engineering leads, and executives to embed risk thinking into every decision—from design trade-offs to procurement sequencing and construction readiness.
Enterprise Risk Management
Not all threats impact core operations or long-term viability, but those that do demand executive-level oversight. TMG’s Enterprise Risk Management approach enables leadership to focus on the most critical uncertainties, ensuring that every level of the organization is aligned and operating at the right level.