VICTOREM

What VICTOREM does

VICTOREM is a specialist advisory firm founded in 2017 by Colin McCrorey and headquartered in North Sydney, Australia, with a regional office in London. The firm provides four integrated service lines: Risk Management, Systems Engineering & Safety Assurance, Planning & Controls, and Training & Development. It serves enterprise and government clients in transportation, natural resources, utilities, defence, government, and aerospace sectors, with a primary focus on rail, metro systems, and major infrastructure projects. Notable engagements include Sydney Metro (a $66B+ program), Western Harbour Tunnel, More Trains More Services, OZ Minerals Carrapateena, and SSR Mining risk maturity development.

The firm operates on a professional services model with bespoke, project-based pricing and multi-year contracts. It is technically differentiated through deep domain specialisation rather than proprietary technology, leveraging industry-standard tools including Primavera P6, DOORS NG, AvSim+, and Monte Carlo simulation for quantitative risk assessment. VICTOREM is the exclusive Australian training partner for the Institute of Risk Management (IRM), delivering the accredited Fundamentals of Risk Management (FoRM) course. The go-to-market is enterprise field sales driven by direct engagement, LinkedIn, referrals, and a downloadable capability statement, targeting large infrastructure, mining, government, and defence programs.

The 8-person team is composed entirely of senior practitioners with 13-32 years of individual experience, led by Managing Director Colin McCrorey (25+ years, founding IRM Regional Group Australia Chair), Director Candice Ng (20+ years in systems engineering and safety assurance), and Director Arash Ayazi (24 years in project controls). The firm is privately held, founder-owned with no external PE/VC backing, and operates a UK representative office via Mark C. Turner with additional representatives in Hong Kong and Melbourne to support international and interstate engagement.

Name

VICTOREM

Legal name

VICTOREM

Website

https://victorem.com.au

Company type

Private

Founded year

2017

Operating status

Operating

Headcount range

1–10 employees

Short description

VICTOREM is a Sydney-based specialist advisory firm providing risk management, systems engineering, safety assurance, planning, and training services to enterprise and government clients in rail, metro, mining, infrastructure, defence, and aerospace sectors.

Ownership category

akta.pro rank

Product category

Risk Management Consulting

NAICS

Management, Scientific, and Technical Consulting Services (5416), Engineering Services (54133)

SIC

Services-Engineering Services (8711), Services-Engineering, Accounting, Research, Management (8700)

akta.pro primary industry

Process Safety & Major Hazard Risk Management (PSM) (BPAHAJAE)

Keywords

• Risk management consulting
• Systems engineering services
• Safety assurance consulting
• Project controls services
• Risk management training

Headquarters

HQ city

Sydney

HQ country

Australia

HQ region

Oceania

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Risk Management Consulting: Specialist risk management advisory services including risk workshops, quantitative risk assessments, risk management plans, and risk maturity development for major projects and organisations.
2. Systems Engineering & Safety Assurance: Systems engineering, safety assurance, human factors integration, RAM analysis, and requirements management services for rail, infrastructure, and defence projects.
3. Planning & Controls: Project controls and planning services including schedule development, performance monitoring, tender analysis, and schedule management procedures from first principles to ongoing maintenance.
4. Training & Development: Fundamentals of Risk Management (FoRM) training course accredited by the Institute of Risk Management, plus bespoke training workshops on risk management, systems engineering, and planning topics.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

VICTOREM is a specialist advisory firm providing risk management, systems engineering, safety assurance, planning and controls, and training services to enterprise and government clients. The firm delivers enterprise and project risk workshops, quantitative risk assessments using Monte Carlo simulation, systems engineering and safety assurance for rail and metro projects, cradle-to-grave project controls, and IRM-accredited training. Services are primarily delivered on major infrastructure, mining, defence, and government programs across Australia and the UK.

Product overview

VICTOREM is a specialized advisory consultancy offering four integrated service lines: Risk Management, Systems Engineering & Safety Assurance, Planning & Controls, and Training & Development. These services are designed to work together across the project lifecycle, from initial risk identification and systems engineering through to planning controls and team capability development through IRM-accredited training. The company leverages industry-standard tools including Primavera P6, DOORS NG, JIRA, and RAMS methodologies to deliver these advisory services primarily to organizations in transportation, infrastructure, natural resources, utilities, defence, government, and aerospace sectors.

Differentiator

Problem solved

Functional benefit

Quantifiable outcome

• Delivered risk management for Sydney Metro's 6 new greenfield stations including Crows Nest, Victoria Cross, Barangaroo, Martin Place, Pitt Street and Waterloo
• +3 more outcomes

Named customers12 records

Segments6 records

Ideal customer profiles4 records

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature8 records

Partnerships

Four partnerships are on record, tiered core and minor.

• KBRcoreImplementation/ SI/ Consulting PartnerKBR has been working as an integrated team with OZ Minerals providing project management services in the development of its $916M Carrapateena Copper-gold Mine Project. VICTOREM was engaged by KBR to carry out a check estimate including full cost and schedule risk assessments. VICTOREM facilitated risk workshops with support from an estimator, working closely with KBR and OZ Minerals teams to meet client requirements on time and within budget. VICTOREM has since continued to support KBR and OZ Minerals with updated QRA.
• RanburyminorImplementation/ SI/ Consulting PartnerVICTOREM was engaged by enlisting specialist Ranbury to support with the Pre-tender estimate for the SSR Mining project. Ranbury provided specialist support alongside VICTOREM's team.
• SlatteryminorImplementation/ SI/ Consulting PartnerVICTOREM engaged specialist Slattery to support with the Pre-tender estimate for the SSR Mining project. Slattery provided specialist support alongside VICTOREM's team.
• Institute of Risk Management (IRM)coreStrategic or Co-development PartnerVICTOREM is the proud training partner and representative of the Institute of Risk Management (IRM) for Australia. The company delivers the Fundamentals of Risk Management (FoRM) training course, which is an IRM-accredited course. Colin McCrorey is the founding and current Chair of the IRM Regional Group Australia and serves as the IRM trainer in the country.

Scale indicators4 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• HKA: Specialist advisory firm focused on risk, disputes, claims and advisory services to the infrastructure and major projects sector — closely comparable to VICTOREM in target customers, service offering (risk advisory, planning) and project types (rail, metro, mining, transport). Listed as one of VICTOREM's client logos.
• Risktec (part of TÜV Rheinland): Independent risk management consultancy specialising in safety, risk, reliability and human factors across rail, defence, energy and infrastructure — a closely matched specialist peer to VICTOREM, particularly on systems engineering, RAM and human factors work for safety-critical sectors.

Broad incumbents

• SMEC (part of Surbana Jurong): Australian-headquartered engineering and advisory consultancy listed as one of VICTOREM's clients/partners on its website; provides risk management, systems engineering and project controls for major transport and resources projects across Australia and APAC.
• Aurecon: Asia-Pacific headquartered engineering and infrastructure advisory firm providing risk management, systems engineering, safety assurance and planning services across transport, water, energy and resources — directly overlapping VICTOREM's service portfolio and core Australian customer base (Sydney Metro, TfNSW, mining).
• Mott MacDonald: Global engineering, management, and development consultancy with a strong advisory practice in risk management, systems engineering, safety assurance and project controls for rail, metro, mining and infrastructure — the same core service lines as VICTOREM, but at vastly greater scale and geographic breadth.
• WSP: Global professional services consultancy with deep Australian transport and infrastructure advisory capability spanning risk, systems engineering, planning and project controls — competing for the same enterprise and government engagements that VICTOREM serves.
• AECOM: Global infrastructure consulting firm with significant ANZ presence offering risk, safety, systems engineering and program management services to rail, transit, mining and defence clients — a broader-scale peer competing in many of VICTOREM's named engagements.
• Arup: Global engineering and advisory firm with established rail, metro and infrastructure advisory practices providing risk, systems engineering, safety assurance and project services — overlapping VICTOREM's service lines and operating in the same Australian transport and resources sectors.
• Jacobs Solutions: Large global professional services firm delivering critical mission solutions, including risk management, systems engineering and safety assurance across rail, aerospace, defence and mining — directly comparable service lines to VICTOREM and overlapping end markets.

Emerging players

• Origin Risk Consultants: Australian boutique risk management consultancy providing enterprise and project risk services to infrastructure and resources clients — a smaller-scale specialist peer comparable to VICTOREM in target verticals and service mix.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/victoremmanagementconsultantsaustralia

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about VICTOREM