Products & services

At OMRA, our proficiency is in risk management and project management. our specialist consultants provide technical capabilities in project risk, enterprise risk, operational risk, business risk, strategic risk, cost & schedule risk analysis, project management and PMO. 

Our dedicated risk management professionals will provide the methodology, approach, documentation, guidance and support for managing risks (threats and opportunities) within your organisation and draw upon a wide range of experience from across UK, Europe, Africa and Middle East. Managing risks and issues will aid in achieving high-quality results, on-schedule delivery, and most importantly, the realisation of expected benefits.

Much of the blame for the 2007/08 financial crisis was attributed to the absence of an effective Internal (Enterprise) Risk Management approach, culture and systems by financial services organizations.

Organisations continuously face greater challenges in addressing the constant threats in the several markets and environments in which they operate.

Therefore, it is imperative that firms have in place effective enterprise risk management processes to deal with these threats and equally embrace opportunities that matter in order to have the chance of meeting objectives including the maximisation of shareholder value.

Here at OMRA, we adopt an end-to-end approach to risk management. we have expertise in establishing enterprise risk frameworks for various organisations spanning complex multi-billion-pound operations, business transformation & change, projects and programmes in financial services (e.g. retail banking and insurance), technology, consulting, rail, transportation, defence, health, customer service, shipping (ferries), general infrastructure, engineering construction and architecture industries etc.

Risk Analysis is important to some of the critical risk decisions that are required to address uncertainty and unpredictability faced by many organisations. The complexity of some of the strategic changes or initiatives will require a significant level of analysis and confidence before these decisions can be made.

Our risk experts are able to devise a proportionate level of risk analysis required for a given project or organisational initiative. It is not always possible to predict the future. However, with our expertise in the development and running of scenario risk models (e.g. using Monte Carlo simulation etc.), we are able to generate all the possible outcomes of your decisions and assess the combined impacts of risks, allowing for better decision making under uncertainty or variability.

Our dedicated risk management professionals will provide the methodology, approach, documentation, guidance and support for ensuring that there is a methodical approach to risk decision making. Managing uncertainty will aid in achieving high-quality results, on-schedule delivery, and most importantly, the control of costs and realisation of expected benefits.

The board is responsible for defining the Strategic Objectives of its organisation i.e. clear understanding of the threats and opportunities associated with its strategic direction, vision and mission and must also be clear about how it will sustain itself; protect shareholder value whilst maintaining compliance with the regulation in trying economic times.

To achieve this, the board needs to integrate Risk Management into its Strategic Planning. Here at OMRA, our Specialist Risk Consultants have assisted our clients including multinationals in successfully deploying Enterprise Risk Management in Strategic Planning with the goal of achieving a Strategic balance between Opportunities/expected rewards and related risks.

A critical aspect of our service is to assist boards in properly articulating and embedding an organisation’s Risk Appetite throughout the business as part of the overall enterprise risk paradigm, and the need for employees to adhere to them on a day-to-day basis. Organisations, in the pursuit of their profit objectives, must be guided against excessive risk-taking.

Our niche is delivering end-to-end risk management initiatives. OMRA’s guarantee is to work with boards and employees to foster a more risk-aware culture. With our systematic approach, we ensure that the process of delivery has the rigour for smooth landing onto your operations. 

Our coordinated style means that your workforce is engaged all the way through from start to finish.

As part of our professional services, we offer a disciplined and cultured technique in initiating, planning, executing, and controlling the successful delivery and implementation of organisational or departmental initiatives.

Our project management experts are versed in the techniques and tools to ensure your projects and programmes are delivered into operations with minimal or no adverse impact on your business and customers.