Data and Risk Analysis

Overview

Organisations increasingly rely on structured data and risk analysis to inform decision-making, improve performance, and manage uncertainty. Data analysis supports evidence-based insight into system behaviour and trends, while risk analysis provides a structured basis for identifying, assessing, and treating risks that may affect outcomes.

FHK’s data and risk analysis services focus on helping organisations make sense of complex information, understand risk profiles, and apply structured methods to support decisions throughout the lifecycle of technical programmes and operational systems.

Services

FHK offers a range of data and risk analysis services, including:

Data assessment and strategy: Review of data quality, data readiness, and options for improving data capabilities to support decision-making.
Data modelling and analytics: Development of analytical models, trend analysis, and reporting frameworks to support insight generation.
Risk identification and assessment: Systematic identification of potential risks, evaluation against defined criteria, and documentation of risk profiles.
Risk treatment planning: Development of risk mitigation options and implementation guidance that align with risk appetite and organisational objectives.
Quantitative and qualitative analysis: Application of appropriate analytical techniques, including probability and consequence modelling, fault/event analysis, and scenario analysis.
Decision support frameworks: Structuring information and analysis outputs to support informed decisions at key stages of planning, design, delivery, and operations.
Risk registers and dashboards: Establishment of tools and artefacts that capture and communicate risk and performance information effectively.

Capability Areas

The following capability areas support our data and risk analysis services:

Data integrity and quality review
Statistical and predictive analytics
Risk modelling (qualitative and quantitative)
Failure mode and effects analysis (FMEA)
Fault tree analysis (FTA)
Event sequence and scenario analysis
Key performance indicator (KPI) development
Dashboarding and visualisation support
Decision support and reporting frameworks