A new tool from CIRIA aims to demystify value and risk for organisations working in public private partnerships. The idea is that once all parties have identified what they think the risks are, they can work out how and by whom each risk can be minimised. Although aimed at PPPs, the tool could be used on other types says Ian Cruickshank of HR Wallingford, project manager for PPPCom.

PPPCom, the risk and value management toolkit, is in two parts. A value hierarchy tool helps you prioritise the key aims of a project and a risk register sets down the risks of not achieving those aims.