QCRA — quantitative cost risk analysis
A quantified view of cost risk: risks modelled for their cost effect, with a contingency set from the analysis rather than a rule of thumb.
Core service · QCRA & QSRA
Risk Management.
QCRA and QSRA — qualitative and quantitative cost and schedule risk analysis — so contingency, mitigation and confidence are grounded in evidence.
Why it matters
A risk register nobody reviews is worse than none.
An unreviewed register creates false comfort: risks look managed because they are listed, while exposure quietly grows. Quantitative analysis (QCRA for cost, QSRA for schedule) answers the questions a scored list cannot — how much, how likely, and how confident you can be.
We run both, at a scale proportionate to your project, and connect the results to contingency, forecasting and the decisions that protect your margin.
What we do.
QSRA — quantitative schedule risk analysis
The same discipline applied to time: modelled schedule risk, confidence levels and a completion picture grounded in the programme.
Qualitative risk analysis and the register
A risk register that is a decision record, not a compliance document — scored, owned and reviewed on a rhythm that keeps it credible.
Contingency management
Contingency set, drawn down and reported against real exposure, so you know whether the allowance still stands before it is tested.
Mitigation planning and ownership
Every material risk with an owner and a mitigation that is actually tracked — escalated when the response stops being enough.
Reporting directors can use
Risk reporting that shows exposure, movement and the actions that change it — concise enough to be read, complete enough to be relied on.
The control loop
Identify. Quantify. Mitigate. Review.
Risk management earns its keep as a cycle: identify and score risks, quantify the ones that matter (QCRA for cost, QSRA for schedule), assign mitigation with an owner, and review on a rhythm — feeding the results into contingency and forecast through project controls.
Works alongside
One discipline, four services.
Common questions.
What is QCRA?
QCRA stands for Quantitative Cost Risk Analysis. It tests how identified project risks could affect the final cost, using ranges and probabilities rather than a single figure. The result shows what the risks could cost, how likely each outcome is, and where action will make the most difference.
What is QSRA?
QSRA stands for Quantitative Schedule Risk Analysis. It applies the same approach to the programme, testing how risks could move key dates and completion. Rather than one fixed end date, you see a range of possible outcomes, so decisions and contingency can be planned with evidence.
Know your exposure
Test whether your contingency would survive contact.
Bring your risk register and forecast. We will show you what the numbers say about your exposure — and what to do about it.