BMT Hi-Q Sigma Provides Risk Management Support for the MoD
BMT Hi-Q Sigma, a subsidiary of BMT Group Ltd, has announced its latest project to implement a risk management change programme for the Ministry of Defence's (MoD) Joint & Battlefield Trainers, Simulations & Synthetics Environments Project Team (JBTSE PT). This programme will help to deliver MoD projects to stringent performance, cost and time targets.
This project follows the recent completion of other support services from BMT Hi-Q Sigma, including architecture design, requirements management, training design and technical support to deliver a procurement strategy for a coherent training solution for the Warrior Capability Sustainment Programme (WCSP) and SV Scout.
Part of the MoD's Defence Equipment & Support (DE&S), the JBTSE PT is made up of over 40 projects and programmes providing through life project management from acquisition to in-service support. Its mission is to provide coherent training systems and services in the land environment to enable the Armed Forces to successfully prepare for operations. To help the JBTSE PT further improve its risk management strategy, BMT Hi-Q Sigma developed a portfolio risk policy, provided a Risk and Opportunity Management Plan (ROMP) and a risk maturity model to drive consistency across risk management of the projects and their contractors. BMT Hi-Q Sigma was also tasked with reviewing the current risk management system, advising on the reporting process to be deployed across the PT and providing individual project risk technical support.
In order to fulfil the requirements of both the DE&S centre as well as the Land Equipment operating centre, BMT Hi-Q Sigma developed, in partnership with the JBTSE PT, a strategy for effectively reporting risk and opportunities throughout the DE&S management chain which incorporated the MoD's policies and processes. Key industry partners will also be expected to integrate with this policy to ensure a streamlined and consistent approach to risk and opportunity management.
Claire Purser, Managing Consultant at BMT Hi-Q Sigma explains: "We recognised that each of the 40+ projects was at a different stage of the CADMID lifecycle, whether it be the concept, assessment, manufacture or in-service phase, therefore we developed a plan which provided flexibility. This approach allows each of the different projects to refer to the appropriate risk management policy according to which stage of the project lifecycle it is at."
BMT Hi-Q Sigma also developed an interactive risk management maturity model which allows Project Managers to benchmark where projects are in regards to risk maturity. By utilising this model, Project Managers can clearly see whether or not they are meeting the required level and identify what steps need to be taken in order to make improvements.
David Bright, Managing Director of BMT Hi-Q Sigma says: "Quite simply, if you're not managing risks, you're not managing projects, which is why effective risk management is a critical priority. We are committed to delivering strong and pragmatic project portfolio management for all of our customers including the JBTSE PT, providing a sustained improvement in governance and clarity, through reduced risk and increased coherence."