What we do
Introduction
It is a well-known fact that the vast majority of major projects overrun on time and budget.
To those on the outside of major project delivery this seems unfathomable. But to those of us bloodied by the pressures and complexities of major projects we understand how difficult it is to pull all the aspects of a major project together to deliver to a budget schedule, and quality which is all too often unrealistic from the start.
The obstacle is many major projects, and certainly all those publicly funded, are undertaken to make positive changes to the way people live, so it is incumbent on us, as Major Project Leaders, to do everything possible to deliver to public needs and expectations.
Complexity
Major Projects are inherently complex.
The budgets involved bring with them burdensome governance and reporting requirements which normally eat up many man-days of effort and are often retrospective in terms of reporting times.
The schedule interdependencies and the misnomer of a single critical path within a constantly changing environment, make accurate forecasting and real-time, agile risk control incredibly difficult.
Then there is the mass of data which is rarely clean or fully exploited. Creating simplicity from this complexity is a must and Complexity Controls can advise on how to do so, including dashboard set-up with real time automated data collection from existing databases as well as organisational/governance design.
Controls
Having simplified processes and turned data into real-time project information, Complexity Controls can advise on how to implement robust controls based upon 3 Lines of Defence.
This will ensure delivery by the project team as a 1st Line of Defence, in addition to providing ‘assurance’ to the sponsor organisation through an independent, efficient, and effective 2nd Line of Defence on a near continuous real time basis.
The work would include the use of AI/ML to give insights on project performance and risk management which would not be possible using traditional methods.