english >> ABOUT COMPANY ACTIVITIES INVESTORS PRESS CENTER CONTACTS Management of risks homeAbout companyManagement of risks The risk management policy of PJSC Mostotrest ensures the timely identification of possible risks, their prevention or minimization of the negative impact on the financial and operational activities of the company. The continuous risk management process includes: · Identification and assessment of risks · Development of responses to risks and keeping them within acceptable limits · Continuous monitoring of the dynamics of risk factors · Ensuring the effectiveness of control measures and measures The functions of monitoring compliance with risk management procedures and rules are within the competence of the Audit Committee of the Board of Directors. The oversight function is assisted by the Internal Control Service, which performs both regular and spot checks of risk management procedures and submits the results of the checks to the Audit Committee. The main methods of risk management used in the Company: · Refusal from risky investments, unreliable partners and clients; · Insurance; · Financial planning; · Compliance and implementation of the requirements of standards; · Coordination and consistency of programs and management processes that contribute to the development of the Company. The main tasks of risk management in the Company are: · Developing a corporate culture of risk management · Formation of a sufficient and reliable information and analytical base for decision-making · Implementation of Project Management (EPCM) standards in accordance with international project management standards developed by the Project Management Institute (PMI) - leading international association in the field of project management · Planning risk management, risk identification, analysis and assessment of risks · Development of risk programs for investment activities · Provide insurance for contract works · Continuous monitoring of competitors' activities, their management methods and how they compete Redirecting risks to subcontractors (obtaining mirror counter-guarantees from them) Improving the budgeting system Centralization of the procurement system «Мостотрест» использует интегрированную информационную систему (ИС), которая включает в себя программное обеспечение производства российских и зарубежных компаний. Различные сегменты IT-системы «Мостотреста» разработаны для управления филиалами и дочерними и зависимыми обществами Компании, для контроля финансовой отчетности, разработки финансовых и бизнес-моделей, мониторинга финансовых издержек. Одним из ключевых элементов ИС «Мостотреста» является программное обеспечение Spider Project, лидирующее в области управления проектами и позволяющее Компании формировать детальную календарно-ресурсную модель будущего проекта с оценкой сроков, бюджетов и вероятного итогового финансового результата. В настоящее время система календарно-ресурсного планирования и отчетности охватывает весь портфель проектов Компании. The project management system makes it possible to form a realistic production program, balance the allocation of resources for own and subcontracted work, assess the economic benefits of various production solutions, control revenue and expense items of the budget and, as a result, manage construction activities in the most efficient way. print version Facts and figures Strategy Corporate governance Structure Management of risks History Staff Social responsibility Internal control Certificates Patents and developments Scientific publications About the company | Activities | For Investors | Press center | Contacts | Site Map © 2010-2016 PJSC "MOSTOTREST"