Project Recovery

Distressed capital projects are under performing or non-performing engineering, construction or environmental remediation projects that may have schedule delays, budget cost overruns, engineering design problems, construction workmanship defects, non-performance compliance issues, or all of the above. Using a results-based and interdisciplinary approach to project recovery, our consultants provide a targeted project management program to analyze and develop efficient work strategies to bring our clients’ distressed project into recovery. Our focus is to bring the project back into alignment with anticipated project cost, project schedule completion and asset performance and long-term operability.

Our experienced project management consultants are well positioned to immediately add value to our clients by providing guidance on the most efficient strategies to recover the distressed project and bring it back into alignment with performance expectations:

• Provide detailed forensic job cost analysis
• Analyze project schedule delays and impacts
• Determine completeness of design and project development documentation
• Survey and document defective construction
• Evaluate validity of scope change orders
• Determine the status of delay and cost entitlements for all parties
• Analyze new risks that have the potential to defer project progress
• Prepare cost-to-complete budgets
• Prepare new project schedules that are tied to resource and cost requirements
• Prepare claims and assist in negotiations with responsible parties

After a clear plan of action is in place, depending on the client’s resource capabilities, our consultants then step into the role of project advisors or outsourced project executives to stay with the project into completion and close-out to ensure project recovery and success.