Project Optimisation

Risk Avert increases the success rate of projects, delivering them more efficiently and at less cost even when fixed price contracts are awarded to major suppliers.  We can help prioritise project portfolios, specify requirements, tender projects, manage projects and even procure technical specialists.

Our staff have played key roles in delivering strategic projects for organisations such as Exel, Acco, Alcoa, National Air Traffic Services just to name a few. They have taken project management and technical roles in a wide variety of commercial business projects and in the implementation of ERP, logistics, middleware, CRM and other software technologies.

Common problems that Risk Avert helps management overcome

Published evidences shows that projects frequently overrun and sometimes  fail completely even where “fixed pricing” is used and “top professional” contractors are appointed.  Our experience indicates that the biggest reasons for failure are:

>  Specifications that focus on meeting “staff wish lists” rather than strategic priorities.

>  Unrealistic project justifications that promise exaggerated benefits and underestimate risks and costs.

>  Expecting that entering into a fixed price contract with a major contractor will place most risk on the contractor.

>  Weak change control mechanisms and project management.

>  Over dependency on the supplier during and after the project.

Risk Avert’s independent project assurance services can help organisations overcome these problems.  We have methodologies, systems, project managers and project scoping staff that will allow organisations to govern projects effectively, obtain optimal results, minimise resource requirements and reduce risks.

In 2011, Risk Avert launched OPTIMISER, the first computerised approach to reducing and optimising corporate expenditure, it is “cost optimisation in a box” reducing the time, effort and cost of business processes.  This can also be applied to projects and project portfolios.

It is the one and only computer system of its type, embracing the very best methods and techniques used by international strategic consultancies.  It guides project managers through a comprehensive programme to identify, target, plan, prioritise and delivering project optimisation.  The structured programme supports management in:

>  Prioritising all project expenditure against future strategic priorities.

>  Introducing greater rigour into the analysis, challenge and risk assessment of each resource requirement.

>  Renegotiating supplier service levels, rates and performance.

>  Identifying and prioritising alternative resource and supplier service levels.

>  Planning and justify budgets for all projects and alternative service levels.

>  Prioritising funding and financial contingency plans.

>  Planning and budget reorganisation costs.

>  Monitoring the entire programme.

Risk Avert has delivered independent programme assurance services and resources to many organisations, the scope of these services include:

Project strategy. We assist in defining the requirements, evaluating potential solution options, preparing initial business justifications and highlighting risks.  In parallel we agree an effective governance structure and support processes. By sharing our experience clients obtain significant benefit and reduce risks.

Detailed Planning. Working with management, we develop realistic detailed plans and resourcing options defining work packages and resourcing.  In parallel we will put agreed project governance controls in place.   At the end of this process the project strategy will be finalised and recommendations on how to proceed made.

>  Tenders and Procurement. Risk Avert independent and familiar to working with big name contractors.  Our input gives clients an advantage in selecting the right resourcing partner and negotiating the best contract.  We can help in defining the procurement strategy, specifying the statements of requirements, establishing terms and conditions, evaluating bids and negotiating.

> Delivery. Risk Avert can provide specific services to assist in the delivery of business projects.  We can provide our consultants, interim programme managers, programme office support staff, technical specialists and governance systems.