Big capital infrastructure projects are notorious for cost overruns.
The transactional nature of the work, from developing the brief, to design, to planning and contracting for a heirarchy of constructors requires a huge number of information hand-overs, with opportunity for error and dispute at each. The supply chain grows longer and more complex at each stage, amplifying the risks through a multitude of manually managed transactions.
Governments and investors are looking to set up capability-based and outcomes-based delivery models to better share risk and reward.
Approach
We are at the forefront of the development of new alliance-based delivery models for capital programmes, underpinned by digital twin data, information exchange standards and collaborative working tools to assure and mitigate many of today’s information exchange and delivery programme-related risks.
Use of the right information standards and processes enables greater modularisation with the potential to significantly transform procurement and supply chain costs. We work with clients, typically post-funding, to build:
– the right alliance framework
– the right information framework
– supplier market engagement
Our Momentum Strategy approach focuses on the areas of greatest risk.
For in-flight projects we focus on risk mitigation through client-side information analytics and visualisation to provide independent assurance.
Pre-flight projects offer more opportunity to establish more innovative commercial and supply chain models to promote risk-sharing and realise information-related economies of scale.
In all cases we adopt a purpose-led approach to help to drive consensus and alignment amongst the involved parties.
The benefits
At the very least, our approach de-risks the likelihood of delay and re-work in the design and planning processes, and can – through procurement and digital supply chain transformation approaches – lead to far more productive delivery, enabling more output for the same level of investment.