We provide structured, practical risk management in construction
projects to clients across the built environment. With increasing project complexity, tight delivery timeframes and fluctuating market conditions, it’s more important than ever to identify risks early and respond to them strategically.
We support public and private clients in reducing uncertainty by implementing clear, evidence-led risk processes. Our approach to risk management in construction is collaborative, structured, and built on over 60 years of experience in cost consultancy and project delivery.
Risks may be external to the design of the building. Most buildings have a business outcome. In retail, for example. it is essential that key dates are attained to maximise profit in peak periods. Late completion can affect the viability of a project. Other risks on larger construction projects like weather or flooding can be mitigated with careful planning. Our Cost Consultants can assist in all aspects of Risk Management to successfully deliver the project.
Helping Clients Control Uncertainty and Protect Project Outcomes
Our services are aligned with current industry best practice and RICS guidance on risk control. We integrate risk management into every stage of the project, from concept to completion.
Our Risk Management in Construction Methodology Includes:
Early Stage Risk Identification
We engage during the feasibility and briefing stages to review site, design, procurement and commercial risks, allowing for realistic budgets and programmes from the outset
Risk Workshops & Team Consultation
We facilitate structured discussions with clients, designers, contractors and stakeholders to ensure risk input is well-informed and collaborative
Quantitative & Qualitative Risk Assessment
Each identified risk is scored against probability and impact, helping to inform contingency allowances and escalation plans
Project-Specific Risk Registers
We prepare and maintain detailed risk registers, regularly reviewed & updated throughout the project lifecycle
Cost & Programme Risk Mitigation
Using benchmark data and market intelligence, we advise on strategies to reduce exposure, protect cash flow, and maintain delivery timelines
Reporting & Communication
Risk summaries are embedded into our monthly project reporting, helping clients make informed decisions at key stages
Risk Advice That Supports Your
Wider Project Goals
Risk in construction projects is more than just cost. We look at the full commercial impact, including programme disruption, procurement uncertainty, MEP integration, and statutory approvals. Our team regularly advises on risks related to:
Site conditions & abnormal costs
Tender market volatility & contractor availability
Planning 7 statutory delays
M&E complexity & scope creep
Budget contingency & value engineering strategy
Trusted By Clients
Across Key Sectors
We manage risk on behalf of clients in:
Higher Education & University Estates
Healthcare & Hospice Projects
Retail Rollouts & Refurbishments
Emergency Services & Local Authority Estates
Heritage & Conservation Work
Commercial Fit-Outs & Industrial Units
Our sector experience enables us to tailor risk responses that reflect real-world delivery constraints and strategic outcomes.
Ready to Support Your Project
If you’re planning a project and need to understand your exposure to risk, Firmingers is ready to help. Our structured, data-driven approach provides early clarity and long-term confidence, allowing your team to plan, act and deliver with certainty.
Contact us to arrange a risk consultation or a feasibility review.