Safran Risk Masterclass - Optimizing Risk Responses: Cost-Benefit Analysis in Energy Projects

Join us for a practical webinar on how to perform Cost-Benefit Analysis within a Risk Register for an Energy Project using Safran Risk.

This session will show how to move beyond traditional probability-impact scoring by quantifying the financial value of mitigation actions. Using a realistic energy project example, we will demonstrate how to estimate risk exposure, compare pre- and post-mitigation scenarios, and identify which responses deliver the greatest value.

You will learn how to use Safran Risk to connect risk registers, cost impacts, schedule impacts, mitigation costs, and Monte Carlo simulation results into a clear decision-making process.

Key topics include:

• Building a quantitative risk register

• Estimating cost and schedule impacts

• Evaluating mitigation costs and benefits

• Comparing before-and-after risk exposure

• Prioritizing the most valuable risk responses

Ideal for: project managers, risk managers, cost engineers, planners, estimators, and energy project professionals.

Key takeaway: learn how to decide not only which risks matter most, but which mitigation actions are truly worth the investment.