August 12, 2024
August 12, 2024
By the recommendation of one of our long-standing partner, a potential client reached out to us to assess the cost and timeframe for design and survey work on a modernization program for a group of fuel and energy complex facilities. For them, it was part of a large general contract encompassing design and survey activities, construction and installation, as well as commissioning work.
Each of our projects confirms a fundamental principle: the likelihood of successful project completion increases significantly when academic knowledge is combined with practical experience. This approach, along with ABM (activity-based management), largely underpins our competitive advantage and enables us to deliver an optimal price-to-quality ratio for our partners.
Leveraging organizational and project management tools and methods, as well as our extensive experience (including lessons learned from past mistakes) with similar projects, we swiftly gathered requirements, evaluated initial data, and conducted on-site surveys of the facilities. This process gave us a comprehensive picture, which we represented as a hierarchical structure of tasks and a basic schedule.
The program turned out to be quite complex, with a strict deadline as a top priority. However, the original timeline in the contract was objectively unfeasible. We compiled and presented a program management and implementation plan to the potential partner, based on the collected data, stakeholder requirements, and our resource capacity. We detailed the steps, demonstrated the minimum feasible implementation period, obtained the partner’s approval, and proceeded with the execution.
The program involves 11 modernization sites, with simultaneous development of design and working documentation, all completed in an extremely short timeframe of under four months.
Given the ambitious deadlines, we not only delivered the results to the partner and legitimately paused the general contractor’s project schedule but also managed to complete our own program stages one month ahead of plan.
Based on the cost estimates we prepared for the program, the partner, acting as the general contractor, achieved a significantly higher margin (>2.5 times) than both the key interest rate and their initial expectations.
