Active Risk Manager (ARM), a leading provider of risk management software for top energy, infrastructure and defence projects, said it has been selected by a major rail infrastructure project in the Middle East to help manage project risk.

This latest win further secures Active Risk’s leadership position in providing powerful, but easy-to-use, project risk management systems for high profile capital and infrastructure projects, and builds on recent success in similar multi-billion dollar projects in the UK, Malaysia and around the world, said a senior official.

ARM has also become the ‘system of choice’ for Engineering and Construction firms like Bechtel, Skanska, Parsons, Leighton Contractors and CH2M Hill, who are responsible for the on-time and on-budget delivery of these mega projects.

Loren Padelford, the executive VP and general manager at Active Risk said, "We are excited to work on this major rail project in the Middle East, and it again shows that ARM is considered best of breed for project risk management."

Padelford said ARM had become the go-to solution to integrate cost, schedule and risk on mega-projects such as the Olympic Games, major transport infrastructure programs, and large-scale defense programs.

"Each project plays out with intense scrutiny by shareholders, the public and the eventual owners, so on-time and on-budget delivery is critical. Owners and Operators choose ARM because it provides a simple way to collect risks from employees, contractors and suppliers, and a robust way to analyze those risks, assign responsibility and determine the impact the risks have on the project schedule and costs,” he added.

Active Risk has offices in the UK, US and Australia, servicing customers worldwide directly and through a growing network of partners.-TradeArabia News Service