The design of the FTI Consulting capital programme risk management services is based on decades of work with construction owners around the world. Our custom solutions have proved to help clients quickly and accurately identify, quantify, mitigate and monitor the numerous risks associated with their capital expenditure.
Our construction experts assist clients with regulatory, financial, competitive, supply chain, project execution, quality and safety issues. Our capital programme risk management services ensure that each of our client’s projects is properly governed, executed and supported from the beginning to the end of the capital programme framework.
Areas of risks to be assessed, mitigated and/or managed include:
- General programme or project management
- Project budget and cost
- Project schedule, progress measurement and delay
- Scope and change order management
- Quality assurance and control management
- Contract development and administration
- Stakeholder communications and reporting
The FTI Consulting team of respected industry experts serves owners, architects, engineers, contractors, construction managers and legal counsel. We focus on improving the delivery of construction projects across all segments, and rely on well-proven processes and state-of-the-art project management technologies to improve collaboration among project stakeholders and optimise performance.
Missteps in government contract projects can lead to disputes and costly litigation, as well as sanctions or fines. The FTI Consulting team has specific, specialised knowledge in government contracts statutes and regulations, including an extensive understanding of US Federal Acquisition Regulations and Cost Accounting Standards.
Clients turn to FTI Consulting for objective advice about forecasting, controlling costs, auditing change orders and invoices and overseeing recovery strategies – all to meet project financial goals without surprises. Our cost engineers and accountants also quantify direct and indirect costs in support or defence of requests for additional compensation.
Our cost engineers and construction cost accountants work with owners and contractors to understand, analyse, manage and forecast construction costs. We prepare, provide or analyse estimates, job cost reports, change order pricing, forecasts, invoice reviews, accounting data, payrolls, interest costs and other project records in order to determine, protect or enhance our client’s financial position.
FTI Consulting is always focused on resolving disputes by establishing a clear, commercially driven strategy that will ensure the earliest possible settlement with the most advantageous terms for our clients. Where litigation or arbitration is unavoidable, our experts work as an integrated part of our clients’ legal teams under the leadership of appointed solicitors or legal counsel.
Successful resolution of a dispute is important to the project itself, as well as to the contractor and owner. It requires both tactical and strategic thinking, as things can go wrong on any project. This occasionally results in a dispute that, if left unresolved, can escalate quickly with disastrous consequences. The longer a dispute lasts, the greater the negative impact it can have on business operations. This impact may be measured in terms of cost, time and reputation.
Our support covers the entire dispute and litigation life cycle, from research and analysis to arbitration, mediation or trial. Our services encompass: fact gathering and document preparation; data management and electronic discovery, including computer forensics; schedule delay, loss-of-productivity and damages analyses; litigation data analysis and email reconstruction; and deposition assistance and expert testimony. We also provide skilled trial communication and graphics consulting, that focuses on distilling complex information and presenting it in a format that is easy to understand and interpret.
FTI Consulting employs specialists in critical path method (CPM) schedule development, review and progress evaluation for all phases of a capital project. Our professionals are adept at creating and evaluating bid, baseline, recovery and start-up and commissioning schedules, as well as performing complex schedule delay analyses.
In response to the growing prevalence of Building Information Modelling (BIM), FTI Consulting has developed a 4D scheduling service. Our experts compile the relevant BIM information from the project stakeholders and link the physical representations of building elements to activities in the CPM schedule. The end result is a robust graphic model that displays the planned construction sequence over time. Clients can view the virtual construction of the project as sequenced in the CPM schedule.
FTI Consulting has been engaged to work on corporate, non-profit and government construction projects around the world within the following industries:
- Health Care
- Mining and metals
The FTI Consulting global transportation team includes sector experts who have represented a broad range of organisations and companies, from start-ups to multinationals. Our clients have access to professionals who are focused exclusively on their company's specific industry, have a broad network of relationships with key influencers and provide communications counsel based on in-depth industry knowledge and expertise.
Our comprehensive suite of integrated communications services includes: