Project Governance

Boards and investors need assurance that their ventures are in good hands and are being managed effectively. A governance system that identifies the rules of the road without creating undue barriers is a necessity for every successful project.

IEDG specializes in implementing governance structures that define reporting and decision-making processes and limits. We ensure that rules of engagement are set up identifying clear roles and responsibilities, as well as limits of authority — defining the playing field for all. We’re experts in establishing reporting requirements and criteria to ensure clear and transparent communications and accountability.

Good governance enables executives, the board and investors to respond quickly to issues as they arise. It eliminates barriers and helps set ventures up for success, by minimizing confusion, hurdles and bureaucracy.

We can help you:

  • Set up a centralized PMO
  • Establish stage-gated project audit processes to suit your needs
  • Develop project progress and performance management KPIs and dashboards
  • Establish project management guidelines, procedures & checklists

Project Development

Although every project and circumstance is different, big projects and programs have common pitfalls and life spans. Be it subway systems or pipelines or ports or power plants or refineries or mines, large projects require a vision, a team and investors. There are concerned stakeholders and a myriad of issues to manage.

Our associates together have many decades of experience dealing with hundreds of similar projects. They have lived through the good and the bad and have the experience to know how to set your project or program up for success.

We will review the circumstances of your particular project or program and help you identify a team, a plan and a process by which the opportunity for success is maximized.

We can:

  • Help develop commercial and contracting strategies to allocate risk and optimize contractor performance including:
    • RFP development
    • Contractor selection
    • Reporting
    • Governance
  • Validate initial estimates, plans and business cases
  • Help recruit, establish accountability and set the project team up for success
  • Validate appropriate cost and schedule baselines
  • Facilitate value engineering and cost optimization exercises

Project Management

As industry professionals with decades of experience, we are uniquely qualified to help set your venture up to deliver results and project certainty.

We can help you with:

  • Study management support
  • EPCM execution support
  • Owner representation for project monitoring and oversight
  • Benchmarking against industry standards
  • Contract management and compliance audits
  • Change management processes & validation
  • Risk management & mitigation
  • Interface and stakeholder management
  • Labour relations and First Nations advisors, negotiations and support
  • Construction readiness & phase handover reviews

 

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