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Managing futures with risk and assurance strategy

Leaders across asset-intensive industries rely on risk and assurance strategies to manage the future of their businesses, addressing the challenges of managing ambiguity, complex decision-making and adaptive planning.

As businesses transition to net zero and define a pathway to decarbonise, leaders must adapt to regulatory change and shifting customer and investor sentiment in response to global market and environmental factors, such as nature positive outcomes and circular economy principles. A clear risk and assurance strategy is critical to making informed long-term investment decisions, successful execution and effective governance.

Aurecon supports clients to:

Assesment and implementation services

Resolve decision paralysis and provide the confidence to respond quickly to changing business and market drivers

Document with information data

Recognise where past decisions have constrained opportunities to build flexibility in to future investment decisions

Weighing scale with check box and target arrow

Balance long-term objectives with the need to deliver short-term outcomes in line with strategy

Understanding asset-related risks with asset design knowledge

We connect our knowledge of designing and sustaining assets to strategy, helping our clients extract value from investment decisions. In this way, we address our clients’ critical long-term productivity, growth and business sustainability requirements. We understand the risks and opportunities associated with the combination of financial and non-financial factors that inform investment decisions and business success.

We have in-depth expertise and market experience, with achievements in increasing the resilience, competitiveness and productivity of our clients’ businesses.

Strategies to address uncertainty

Every organisation is different, which is why we tailor solutions to the specific needs of each client. Value is created by maximising business operations and asset performance through rebalancing analysis and identification of risks, opportunities, management solutions, governance and assurance approaches.

This is achieved by using risk-based thinking, methods, tools and analytic techniques to:

Person thinking with light bulb

Make better decisions faster

Clock and eye

Anticipate future events

Target ring with arrow

Assure future goals

Change cycle rotation

Proactively adapt to change

We deliver differently by focusing on sustainable long-term growth; considering risk and assurance across decision lifecycles from problem definition through analysis, to action and assurance.

Delivering risk and assurance decision lifecycles

Our services

Uncertainty, faced by all businesses, is synonymous with risk. We acknowledge this and provide end-to-end risk and assurance strategies for clients that deliver meaningful enterprise, strategic and capital asset outcomes. We support business leaders to become comfortable with uncertainty, define complex problems, manage ambiguity, and navigate dynamic environments through:

  • Risk-based strategy and strategic risk management
  • Strategy performance and governance integration
  • Risk-based decision support, scenario management and adaptive planning
  • Critical success factor identification
  • Board and Executive advisory, alignment, and assurance delivery services
  • Risk, governance, audit, assurance, and benefits frameworks
  • Risk assessments and controls, key risk indicators, risk reporting, knowledge management and continuous improvement approaches
  • Second line assurance and compliance services
  • Enterprise resilience including business continuity, security, and crisis and emergency management
  • Project, program and portfolio risk advisory, governance, benefits management and assurance services
  • Capital portfolio prioritisation, multi-criteria analysis (MCA), total value of ownership (TVO), and complex diagnostic-based project selection
  • Qualitative and quantitative risk analysis, scenario testing, risk-based cost estimation, and Monte Carlo simulation

Ashurst and Aurecon advisory alliance

In an industry first alliance with global law firm Ashurst, we seamlessly combine engineering, technical and legal advisory where asset and legal risk exposures and opportunities intersect. The complex challenges faced by today’s business leaders requires new thinking. Together, we provide game-changing eminence and deep expertise from multiple perspectives, delivered cohesively to drive progress and achieve results.

We recognise that our clients are on a journey of transition whereby sustainability is no longer an aspirational goal but core to the successful growth of an organisation. We bring together an integrated, end-to-end solution that meets the challenges involved in pivoting to a sustainable future.

Explore insights

More insights
How to identify and prioritise climate change risks to your business.

Taking action: how to identify and prioritise climate change risks to your business

The Aurecon Ashurst Alliance team identifies climate change risks, reframing them to support strategic decision-making to drive business success.

Turning private sector net zero risk into opportunity.

Where to start? Turning private sector net zero risk into opportunity

The Aurecon Ashurst Alliance team identified three key areas for business leaders to focus their attention to transform risk into an opportunity towards net-zero.

Resources and industrial markets: delivering and decarbonising assets

Delivering and decarbonising assets for industry

Mastering the science of decarbonisation by examining business transition risks is imperative for the resources and industrial sectors to meet net-zero.

Get in touch with our people

Or contact an office near you.
Michael Orfanellis, Aurecon
Michael Orfanellis

Risk & Resilience Practice Leader – Australia

Michael Tafe, Aurecon
Michael Tafe

Principal, Risk & Resilience – Australia

Geoff Hirst, Aurecon
Geoff Hirst

Director, Risk & Resilience – QLD, Australia

We would love to work with you to bring your ideas to life, so get in touch and we'll get back to you.

Or contact an office near you.