Assumption-Based Communication Dynamics (ABCD)
Risk Management
Fadcon International Consulting
ABCD Risk Management
The Assumption-Based Communication Dynamics (ABCD) Risk Management approach is a formal methodology that captures the perspectives and knowledge of stakeholders to ensure consistent communication, assumptions and proactive management of risks. Fadcon International Consulting’s ABCD risk management approach enhances a firm’s resilience and risk management framework.
Fadcon International Consulting’s ABCD Risk Management methodology ensures that stakeholders’ knowledge and viewpoints are captured to facilitate communication of issues and assumptions in managing risks. Improved communication helps avoid or manage proactively, and objectives are timely and within budget.
ABCD works where other risk management approaches fail. This is because ABCD focuses on positives (i.e. assumptions) rather than negatives (i.e. risks). Hence, Fadcon International Consulting’s ABCD risk management approach is a positive exercise for people who usually feel uncomfortable with a “risk assessment”.
ABCD Risk Management is fully scaleable. It can be used on small projects, large-scale programmes, and entire business enterprises. Most importantly, ABCD Risk Management is a good enterprise risk management approach. It can handle all the hierarchies and escalation profiles that traditional methods usually fail to address to ensure effective and well-informed decision-making.
Features of ABCD Risk Management
The key features and benefits of Fadcon International Consulting’s ABCD Risk Management are:
- Communication: Provides a simple and common language for the transmission of risk within the organisation whilst avoiding the typical problems of political sensitivity and dislike of discussing risks.
- Control: Enhances project control by an exception management approach to ensure a simple overview of complex risks for well-informed decision-making by a firm’s senior management.
- Flexibility: An adaptable process that, once tailored to the organisation, is rigorously applied to ensure that all significant project risks are identified and controlled appropriately.
- Acceptable: The non-intrusive/non-bureaucratic management process improves management discipline across the organisation and is readily accepted by project teams.
Fadcon International Consulting’s ABCD risk management will help enhance your organisation’s resilience and risk management framework. Complete the form below for our Risk Management Services.
ABCD Risk Management
Fadcon International Consulting’s ABCD Risk Management approach will enhance your company’s resilience and risk management framework.
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