INDEPENDENT PROJECT REVIEW (IPR)
An independent and objective project assessment to identify opportunities and risks
- Energy sector engineering & construction projects are technically complex and inherently carry execution risk through all phases – design, procurement and construction
- Maintaining an objective focus on issues with the potential to cause additional cost and or delay is vital
- Unidentified and unreported project cost increases, delays and contractual disputes cause serious operational and financial issues
- IPR service provide assurance for stakeholders including owners, investors, funders, contractors, subcontractors, boards and executive management
- An independent qualified project appraisal to support internal reporting, identify opportunities, risks and items requiring review and potential intervention
- IPR may be carried out before contracts are finalised and signed and during execution as part of the regular reporting cycle or at specific stages of the project including desktop and on-site inspection as appropriate
Contract terms & conditions
Contract management & administration
Schedule - critical path & progress
Procurement - subcontract & purchase order
Management of change
Risk Management
Financial management & cost control
IPR Benefits
- Provide our clients executive management/board with independent and objective information and opinion throughout the project
- Reduce execution risk through independent review and support
- Support the project team to deliver project on time
- Provide support regarding HSE and technical compliance as required
- Resolve issues promptly to avoid unnecessary cost and delay
IPR Mack Approach
- Mack are focused on the success of the project
- Nonpartisan
- Build and maintain positive relationship with both client and contractor project teams
- Support effective communication
- Detail oriented whilst focusing on primary objective of on time and on budget delivery
- Blend of desktop review, interaction with project teams and regular attendance on site
IPR Resolution of issues
- Issues inevitably arise during the design development, procurement and construction phases when the project must react to and mitigate events in real time
- Once identified issues must be effectively and promptly managed to avoid unnecessary cost and delay and prevent them potentially becoming dispute items
- Mack aim to develop an environment where issues are raised early to avoid escalation that can cause unnecessary additional cost or delay
- When issues are identified Mack will bring them into focus and seek pragmatic and swift resolution
- Detailed review of issue considering contract and events at project level
- Develop an independent objective opinion
- Support discussion between the parties to broker resolution at project level
- Raise issues to our client’s management as required
Other Services
