Across infrastructure, energy, and major capital projects, shifting market conditions, regulatory complexity and global supply chain instability mean that organisations must rethink how they approach risk. Traditional risk assessments are no longer enough, companies must adopt data-driven, proactive strategies to stay ahead.
Trends we see emerging for strategic risk management are:
1. Project contingency
Historically, contingency budgets were based on industry benchmarks. Things however are changing due to factors such as:
- Global supply chain volatility
- Regulatory shifts
- Extreme weather events
- Unpredictable workforce dynamics
In 2025, companies must build smarter contingency models that reflect real-world risk exposure rather than outdated industry assumptions.
2. Climate and environmental resilience
Extreme weather events increasingly threaten large scale projects. Climate resilience must be factored into financial models, from storm-resistant infrastructure to adaptive scheduling strategies.
- Flooding, bushfires, and extreme weather events are delaying and damaging projects at an increasing rate.
- Insurers and financiers are now requiring robust risk mitigation strategies as part of funding requirements.
- Adaptive project planning and resilience modelling are becoming standard practice.
Using tools like LWARE SMART to gather data and insights on your projects, will enable smarter planning and forecasting for future projects. Real-time analysis on climatic factors can support future financial models and commercial clarity.
3. The shift from opinion to data-driven decision-making
Companies that replace opinion with data-backed insights will gain a competitive edge. This shift includes:
- Risk modelling for financial forecasting.
- Trend analysis to identify future risk exposure.
- AI-driven predictive analytics for supply chain risk.
Subjective risk assessments are no longer enough. Investors, developers, and EPCs require quantifiable risk analysis to support strategic planning, investment decisions, and contract negotiations. At Lewis Woolcott we are powered by LWARE Logic+ to support our data and scheduling analysis, it supports us to de-risk projects and predict or analyse delays, saving time and cost.
Strategic risk management gives you a competitive advantage.
At Lewis Woolcott, we work with clients to:
- Build smarter contingency models based on real data.
- Quantify risk exposure for better financial forecasting.
- Develop risk strategies that drive commercial success.
Is your project risk-ready? Our experts help businesses navigate uncertainty and build resilience – talk to a risk specialist today.