A SPECIALIST IN QUANTITATIVE RISK ANALYSIS (QRA) FOR THE COST AND SCHEDULE OF CONSTRUCTION PROJECTS

ABOUT

John Zhao is the founder and a Principal Consultant of Riskcore Consulting company, he has over thirty-five years of diverse construction project experience including PMO, cost estimating & forecast, qualitative risk workshop facilitations, quantitative cost and schedule risk analyses. He has worked on capital projects with contractors in Middle East, EPC companies in North America and Owner operating companies in Canada and Europe.

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John holds a Master degree in Construction Project Management and a Bachelor degree in Building Design & Management from England, a Diploma in Building Engineering & Technology and a Certificate in Contract Law & Negotiation. He is past members of AACE, Professional Engineering in New Brunswick, Charted Institute of Building (CIOB) & Construction Industry Institute (CII). He is a trained Lead Auditor for ISO 9001 (quality management). 

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John is also an active speaker at various local universities & conferences, and has presented & provided training on the topics of project risk management since 2005 virtually and physically in  Abu Dhabi, Miami, London, Las Vegas, Denver, New Orleans, Stavanger, Nashville, Edmonton, Calgary, Beijing, Vancouver & Toronto.

"John's QRA Work is Industry Leading for this pipeline mega-project."

                                                                                                                                             - Helen, Assurance Lead, KPMG

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"Riskcore's Analysis and the Final Report is the best one in my career." 

                                                                                                                                             - Denis, Project Director, CKPC

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 "John's qualitative and quantitative risk analyses are the best practices." 

                                                                                                                                            - George, Professor, U of C

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"John is definitely qualified to do this complex work for our refinery."

                                                                                                                                            - Al, Project Leader, Refinery, Utah

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"The QRA done for the adequacy of remaining contingency made funding approval easier." 

                                                                                                                                           - Jim, Mining Project, SK 
 

Riskcore is a project risk management (PRM) consulting firm specializing in training and the implementation of project risk management process, system and methodology, including
   - facilitating qualitative risk workshops for assessment, responses and residual risk handling;
   - soliciting inputs and modelling quantitative cost estimate risks for contingencies & escalation;
   - providing independent, unbiased and risk-based project readiness reviews at any given gate; 

“Riscor” is a Monte Carlo based simulation model developed in 2005 by Riskcore for Class 3 (or better) cost estimates, scientifically determining cost overrun probabilities and contingencies & escalation; it integrates qualitative systemic risks with quantitative specific risks to derive an aggregated contingency for both cost and schedule delays at chosen confidence level.