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	Business Risk Management
	In a rapidly changing business environment, companies are continually striving to demonstrate that they are maximising shareholder value. IDEAS has developed and supported risk management systems on a number of upstream developments and projects.
	Database Risk Register IDEAS have worked with a number of clients to develop customised database registers to track and record the risk issues on their projects. The emphasis is on tailoring the product to suit the project.
		Risk Map The 'Risk Map' can be used to evaluate the options that the client team have to reduce the risk. IDEAS will assist in developing practical approaches to impact and probability reduction. Typical approaches are: > Buy insurance > Find a 3rd party to share risk > Incentives & penalties > Take the risk > Abandon project > Get out clauses
	Major Oil Company	Business Risk Management Systems & Services IDEAS set up a risk management system for a project operating in Norway. We facilitated the workshops and developed a database for tracking and recording risks on the project. We also challenged key project decisions and created decision support models and reports to satisfy the client's capital to value process.
	Major Oil Company	Project Execution Risk Management System IDEAS designed a risk management system for a client team who are executing a project in the UKCS. We designed the work process and the tools and presented the system to the client to get buy in.