Estimating and evaluating uncertainty are core project management tasks. Risk Insights Explorer with 4D Analytics makes it possible to assess such uncertainties, calculate the probability distributions and present the results in ways that are visually engaging and insightful.
HS2 is a new UK high-speed rail network from London to Manchester with a projected cost of £56 billion, up from the initial projection of £32.7 billion. The first phase is due to open in December 2026, but this has been called “overly ambitious”. The onward legs to Manchester and Leeds could start being built in the middle of the next decade, with the line open by 2032-33.
We believe using HS2 as a case study – where every decision carries with it implications and impact on the community – is a worthwhile demonstration
of how new thinking can generate new insight.
Risk Insights Explorer is a revolution that identifies, connects and visualises risk through the simple application of uncertainty management theory, advanced graph algorithms, and scenario-based assessments. Risk Insights Explorer is
the only risk tool specifically designed for strategic risk assessments
and the estimation and evaluation of uncertainty.