Project Risk Analysis + Consulting

Every Successful Project Begins with Careful Planning.

And every successful project manager knows that project controls are essential guideposts for project planning. Project controls allow project managers to establish their time, cost, risk, and quality objectives and monitor their progress toward achieving these goals.

MBP’s data-driven approach to project controls combined with its team of experienced professionals offer clients solutions to effectively forecast, analyze, and influence project outcomes. Our consulting team supports our clients and their projects from Day One: from project initiation through planning, design, construction, commissioning, transition, and closeout. We are trusted advisors on some of the world’s most complex projects and programs.

Schedule Management

A schedule is intended to be used as a tool to allow project participants to proactively manage construction and adapt to changing circumstances as they arise. MBP provides owners and contractors with insight into their project’s schedule performance. Through Critical Path Method (CPM) scheduling, we can assist our clients to assess the status of the project, identify and mitigate delays, and expedite project completion. Our involvement in project schedules begins as early as a project’s development and extends through design, construction, closeout, and turnover. We not only use industry-recognized CPM scheduling software, but we also integrate the project’s Building Information Model (BIM) data to align scope and schedule and utilize earned value management analytics to align schedule and cost.

Cost Management

MBP’s cost management provides our clients with critical cost data to develop project budgets and manage cost and risk throughout design, bidding, and construction.  Cost management is interwoven through nearly every element of a project and accurate and reliable cost data is critically important. MBP develops project budgets, provides design phase estimates to verify design to budget, tracks project cost performance, and computes the cost of change.

Project Risk Management

Construction projects do not exist in a vacuum. Their complexities are greatly influenced by external factors, which in turn affects the level of risk the project faces. MBP provides our clients project risk management services which address both internal and external risks, known and unknown, insurable and uninsurable. MBP’s risk management services take multiple forms, customized to project size and complexity, addressing cost and schedule risks individually and in tandem. Regardless of the risk management tool our clients choose, the overall progress of risk management remains the same:

  1. Plan for risk
  2. Identify risk
  3. Analyze risk
  4. Respond to risk
  5. Monitor and control risk

Value Analysis and Optimization

MBP approaches value engineering with one primary objective in mind: to assist our clients to make design and construction decisions which result in a project that meets functional requirements at the minimum expenditure over the facility’s lifetime. We apply this disciplined process not only to our clients’ projects but also to their operational processes and procedures as well. The return on investment for value analysis and optimization services is exponential. Savings can be achieved in design, construction, operations, and maintenance, reducing overall life cycle costs.  MBP leads and facilitates VE workshops, gathering professionals with experience in design, construction, commissioning, operations, and cost estimating who examine project attributes, design logic, system efficiency, program and material reliability and useful life.

In addition, MBP also conducts process improvement workshops for our clients, designed to examine current workflows and identify extraneous or problematic steps.  MBP gathers client staff as workshop participants to generate ideas to improve internal processes. The workshops result in increased efficiency of operations, enhance team building, decreased costs, increased revenue.

Public-Private Partnership Advisory Services

MBP supports clients undertaking project delivery through the use of a Public-Private Partnership (P3) execution strategy. P3 offers owners the opportunity to deliver projects more quickly and cost effectively than through conventional public procurement methods, and MBP assists clients to anticipate project risks and organize its P3 teams to deliver success. MBP advises clients who are overseeing P3 projects to deliver projects which achieve scope, cost, schedule, safety, and quality objectives.