Risk management in the Grand Paris Express: integration of Risk Management within a Public Entity. The structure of risk management framework enabled to respond to the need of a Programme of unique dimension.
At a glance look upon the most significant barriers encountered while establishing the framework. Orchestrating the role of each Line of Defence necessitates buy-in effort at all levels of the Organisation.
Evidence of best-in-class methodologies as pivotal for the success of the programme delivery: basic techniques of Monte-Carlo simulation deployed to monitor deviation from expected completion cost and to pursue tight control over the contingency budget.