Capital project services

Risk, complexity and high costs are features of major capital projects. All too often projects are affected by cost and time overruns, or fail to meet business case objectives. These threaten the implementation of business strategy, divert management focus and may lead to re-financing or, in the worst case, insolvency.

The successful delivery of your capital project or programme is of prime importance to your business and its stakeholders, as are the implementation of effective controls and the management of risks and opportunities. Our team of industry specialists have extensive experience of assisting clients in the review, understanding and improvement of capital project performance in a broad range of industry sectors.

Whether an organisation is involved as an owner, funder or contractor, capital projects often create challenges and uncertainties. Crucially, no two capital projects are alike, or have precisely the same set of objectives, issues and constraints. This means capital projects and programmes are bespoke by nature, and require a flexible and dynamic approach both to maintaining control and to ensuring they are delivered on time and within budget.

When projects have become distressed, disputes become an increasing reality. Dispute resolution can become protracted and arduous, with many parties finding themselves drawn in. All too often, adjudication and arbitration are pursued without a thorough investigation of the business benefits, likely outcomes or costs.

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Potential issues

• Projects appear out of control, over budget or late
• There is an increasing lack of clarity over the status or likely outcome of the projects
• You have a decreasing confidence in the alignment of the project with the original business case
• Changes have resulted in unexpected increases in cost and/ or time
• Robust stakeholder assurance and communication is required
• Management focus has been diverted onto resolving project based issues
• The original understanding of risk, opportunities and liabilities no longer appear to be valid
• Disputes are becoming a reality