Enterprise Risk Management
Intellectual Growth Engineering can assist your organization with a comprehensive enterprise risk program. Our experienced risk professionals will develop an Enterprise Risk Management Program framework that considers business unit risks with organizational risks.
Project Controls
The IGE Project Controls team will focus on five key process elements:
Quality of the input data with supporting technical interpretation
Aligning project control components with the project needs
Selecting an appropriate data analysis system
Creating a communication dashboard with applicable metrics (KPIs)
Establishing a stakeholder communication plan for desired metrics
Core Project Control Components typically considered are:
Cost Estimate and Cost Management
Schedule Development and Schedule Management
Change Management (scope management)
Procurement Management
Risk Management
Project Control Components often considered to fit your project controls are:
Executive Dashboard
Earned Value Management
Document Control
Supplier Performance
Project Baseline Alignment
BIM and information management
Carbon Tracking
Safety Management
Field Management
Unique EPC Project Management Positions
Project Health Position
Cost and Schedule Risk Assessment
The scope of a cost schedule risk assessment (CSRA) typically includes identification of risks, prioritization of risks, determining planned risk responses, and quantitatively calculating cost and schedule contingencies based on a targeted confidence levels. IGE CSRA processes for public projects follow U.S. Army Corps of Engineers (USACE) Engineer Regulation (ER) 1110-2-1150, Engineering and Design for Civil Works, ER 1110-2-1302, Civil Works Cost Engineering, and Engineer Technical Letter 1110-2-573, Construction Cost Estimating Guide for Civil Works. In addition, IGE completes CSRA efforts on private projects based on enterprise thresholds and tolerances.
Risk Decision & Technical Analysis
IGE’s cost and model development go well beyond a single line deterministic estimate, utilizing Palisade’s @risk program and Oracle’s Crystal Ball software to quantify a strategy most appropriate for your project. Our decision/strategy analysis experience includes financial, occupational/safety, natural/environment events, and project execution. Determining a level of confidence for each solution allows a project manager to make an informed decision utilizing the best resources for the job.