As Australian infrastructure projects get bigger and more complex, they are becoming inherently riskier.
A KPMG survey showed that only three percent of respondents were investing effectively in project governance, technology and people. Many construction and engineering companies are failing to fully adopt the correct risk controls which place productivity, profitability and project delivery at risk.
Australian organisations face a race to improve their productivity by developing and implementing robust governance, project controls, data-based solutions and new digital technologies.
The breadth and depth of our experience offers benefits across the infrastructure lifecycle:
Assist owners, operators and investors with infrastructure and property assets to achieve their objectives at a strategic, portfolio, program and project level.
Work collaboratively with clients to delivery project assurance and governance throughout the full lifecycle of capital projects by implementing leading practice in project, program, cost and risk management as well as project planning and scheduling services.
Help manage capital projects which come with significant inherent uncertainties and challenges that can affect their prioritisation, procurement strategies, costs (CAPEX and OPEX), schedules, risks and quality.
How KPMG can help
We offer services in the following areas:
|Project Risk Consulting|
- Capital cost estimation, cost planning and independent estimate
- Project planning/scheduling and integrated project controls
- Project schedule health check, against contract, structure and integrity requirements
- Qualitative and quantitative risk analysis
- Cost and schedule contingency management
- Joint Confidence Level (JCL) assessment – an integrated uncertainty analysis of project cost and schedule
- Project, program, portfolio management
- Alliance auditor, contract compliance and assurance.
|Integrated Project Controls|
- Cost estimation
- Plan what has to be done, how, by who and when
- Measure what has been done and comparing actual performance against plans
- Identify and assess change (for schedule, cost and risk impacts) and managing changes
- Know what remains to be done and identifying trends to inform forecasting
- Identify and implement corrective actions
- Check the impacts of corrective actions.
|Program Management Office (PMO)|
- Develop and implement
- Provide governance and assurance frameworks
- Peer review and health checks.
The KPMG difference
KPMG’s experienced team helps organisations manage the risks associated with complex infrastructure projects.
We provide integrated project advisory services and utilise effective and efficient data-driven tools and methodologies to increase the likelihood of success across the project and asset lifecycle.
The Project Risk Control delivery team brings together a large set of technical and professional skills including:
- Contract and commercial managers
- Planners and schedulers
- Risk engineers
- Cost and project controllers
- Building Information Modelling experts
- Accountants and construction management professionals
- Quantity surveyors
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