Project, Risk and Value Management
Effective Project Management relies on an organised, systematic approach developed in collaboration with key stakeholders.
Pearce Consulting Ltd has the expertise to manage capital development projects from £50.000 to over £100m.
Our Approach
Capital projects are invariably complex requiring significant management skills, coordination of a wide range of people with different skills and targeted at achieving completion within the parameters of time, value and appropriate quality.
As project managers our role is to advise clients throughout the process from inception to operation, providing the client with the information and advice that will enable them to make the right informed decisions at the appropriate stages.
We have, with our partners at I-WASP, developed a detailed development process map that is an integrated knowledge base and is the most powerful tool available to project teams to lever performance and to achieve it consistently. It can be used to assess teams, guide them through the complex inter-organisational project processes and to introduce new processes and practices to team members and the supply chain as the project develops. Web based delivery enables all project participants to use a common base of best practice solutions.
Benefits
- All project staff are working to the same approach with the same access to current best practice.
- Consistent performance across the supply chain can be achieved.
- Reductions in management staff, accelerated team development, reduced design effort.
Risk Management
The application of Project Risk Management to capital developments will ensure a more economic delivery of projects by reducing final out-turn costs, programme times and by improving significantly the confidence of the management team.
The key benefits of applying risk management to projects are:
- Identification, reduction and management of the projects exposure to risk.
- Providing greater certainty and insight to support project decisions.
- Creating effective contingency sums for the identified risks and plans to minimise their impact.
With Pearce Consulting Ltd the risk management study is conducted as a series of workshops, often run in conjunction with value management workshops, with the key stakeholders.
The risks are identified, categorised and strategies developed to minimise them or eliminate them altogether.
Value Management
Pearce Consulting Ltd recognise the importance of Value Management techniques in providing a structured approach to delivering the required functions at the lowest cost without detriment to quality, performance and reliability
The value management study is conducted as a series of workshops following detailed consultation with the stakeholders.
The objectives of these workshops will usually include.
- Agreement to the project objectives by all the stakeholders
- Agreement to the best development option
- Achieving a win-win scenario for all the stakeholders.
Working with you to create real value.