Cost and risk management
Projects are undertaken because they are expected to give an economic benefit to the client’s business. It is therefore essential that a realistic assessment of all the factors that can affect the project’s economic contribution is made as well as analysing the risks to delivery in line with economic assumptions.
Once a final investment decision has been made, risks to completion in line with the economic assumptions must be managed. RWE Technology International can undertake project feasibility studies and manage the risks in project execution.
Aside from evaluating risks and adapting the project to emerging risk factors, our services include:
- Management of feasibility and front end engineering design studies
- Determination of appropriate project budget and schedule
- Determination of project economic performance factors
- Identify upside-risks and opportunities to improve the economic performance of the project and make recommendations to the client accordingly