QSRA Consultants in Saudi Arabia and the UAE
Quantitative schedule risk analysis for Gulf capital projects. IQRM is an approved risk management consultant to Saudi Aramco and ADNOC. We build Monte Carlo schedule models for owners, EPC contractors and PMCs across Saudi Arabia and the UAE, and give you P50 and P80 dates you can defend at baseline approval.
Why Gulf schedules need their own risk model
A QSRA built for a UK rail project will miss what actually moves a Gulf schedule. These are the drivers we model on every GCC engagement:
Shutdown and tie-in windows
On brownfield oil and gas work, the owner controls the shutdown. Miss the window and the delay is measured in months, not days.
LSTK risk transfer
Lump-sum turnkey terms under owner conditions push schedule risk onto the contractor. The model has to show where that exposure sits.
Local content and workforce
In-Kingdom value and nationalisation requirements, and the availability of skilled trades, affect productivity and mobilisation.
Long-lead and logistics
Critical equipment, port congestion and remote site access drive the longest delays on giga-project programmes.
Heat, wind and marine weather
Summer working restrictions, shamal winds and offshore weather windows need calendar risk, not a generic contingency.
Interface density
Multi-package programmes with several EPC contractors create compounding delay that the critical path method does not show.
What you get
A baseline you can get approved
A tested schedule, calibrated inputs and a P80 date with the schedule contingency it needs, in the format owners and PMCs expect to review.
The drivers behind the delay
A ranked tornado of the risks and activities that move the finish date, so mitigation effort goes where it matters.
Cost and schedule together
Where the project needs it, integrated cost and schedule analysis and a Joint Confidence Level.
Your team, trained
Knowledge transfer so your planners and risk engineers can maintain the model after we leave.
Gulf programmes we have analysed
Our published schedule risk analyses of major Gulf programmes show how we think about risk in this region:
Where we work
On site or remotely across Saudi Arabia and the UAE, and across Qatar, Oman, Kuwait and Bahrain. Engagements are led by Rami Salem, who has more than 15 years of quantitative risk practice on Gulf oil and gas and EPC projects.
Frequently asked questions
- Is IQRM approved to work with Saudi Aramco and ADNOC?
- Yes. IQRM is an approved risk management consultant to Saudi Aramco and ADNOC.
- Do you work for owners or contractors?
- Both. We support owners setting and reviewing baselines, and EPC contractors who need a defensible QSRA for baseline approval, tenders or delay discussions.
- Which software do you use?
- Safran Risk and Primavera Risk Analysis, working from your P6 schedule.
- Can you work on site in Saudi Arabia and the UAE?
- Yes. We deliver workshops on site or remotely, depending on the project.
- How long does a QSRA take?
- Typically 2 to 4 weeks for a standard schedule, including the health check, input workshops, simulation and reporting.
Talk to us about your project
Tell us the project, the stage and the decision coming up. We will tell you whether a QSRA is the right tool and what it would involve.
info@iqrm.net · +971 50 362 5784 · Rolex Tower, Sheikh Zayed Road, Dubai
IQRM is a specialist institute for Quantitative Risk Management, delivering Quantitative Schedule Risk Analysis (QSRA), Quantitative Cost Risk Analysis (QCRA) and Monte Carlo simulation training and consulting to major capital projects across the United Kingdom, Saudi Arabia and the UAE.
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