Capital Project Management

We treat capex planning like a business, establishing the processes and governance to allocate capital where it matters most. That means assessing the alignment between large capital projects and an organization’s strategy and objectives. It means ensuring a project’s benefits are clear, the business case is sound, the risks—now and down the road—are reduced and mitigated. And it means prioritizing those capex projects that create the most value. By optimizing the project portfolio, we maximize return on investment.

At the heart of any capex plan are the people who bring it to life. That’s why organization design is a key component of our capital project management strategy. We access the capabilities that large capital projects require and ensure that organizations can draw on or develop the necessary skills. We enable clients through team organization models, capabilities surveys, and capacity planning, but also enable the employees themselves, through training and talent development.

If there’s a mantra for the capital project management process, it’s “leaner, faster, better.” We look at every capex plan through a value lens: how can we optimize a project’s design so that every step you take, every piece of equipment you install, every type of technology you deploy, is the most efficient option? The idea is to reduce gold plating, and strip away project elements that don’t, or rarely, add value, while identifying pathways that accelerate the journey.

Large capital projects are dynamic and have complex requirements, circumstances, and risks. Our capital project management consulting experts are on the ground because that’s the best—and we think the only—way to assess what’s working and what isn’t, to facilitate collaboration across stakeholders, and to ensure that no idea or perspective goes unheard. It’s an approach to capex project management that lets us adjust course in the right way at the right time, and with the right results.

Our capital project management consulting experts are troubleshooters who come aboard a distressed project to help steer it back on course through assessments, value assurance, and enablement. Our starting point may vary but our focus and goal are the same: ensuring that capex planning and execution is as efficient as possible. By identifying the root causes of delays and cost overruns, we can reengineer large capital projects to deliver outcomes instead of disappointment.

We help define organizational and project-level digital roadmaps that are critical to the success of large capex projects. And while we enable organizations in their capital project management, there are a lot of tools that enable us. Our capital project management consulting experts use digital dashboards, assessments, modeling, even situation rooms, to help us zero in on risks and capabilities, track progress in real time, and identify opportunities to reduce time and waste. These tools provide insights that fuel our capital project management strategy and speed its execution—and adhere to one of our core tenets: combining technology and people to drive outsize results.

Large capex projects can have a big impact on the world around them, both the people and the environment. Our capital project management consulting experts help companies design sustainable projects, ensuring they comply with the Paris Agreement and other climate frameworks, and advance their own social responsibility goals. We run assessments, establish emissions baselines, and develop decarbonization plans and initiatives. But we also look beyond a company’s walls, helping develop major projects in green energy—and a global infrastructure for sustainability.