Are your Capital Projects or large IT Projects running on time and within budget? Scope creep, delays, and non-performing contractors almost certainly leading to over-expenditure or late delivery? Are the relevant areas being assured and audited? We can assist!
The last 10 years has seen unprecedented and continued complexity to conduct business cost effectively and competitively. Executive teams and Boards are faced with increased stakeholder and regulatory focus, pressure to grow profits whilst conducting business ethically, competitively and with a lack of surprises!This is even more true when scarce capital is to be invested or spent on Capital Projects or a new IT system Investment Committees and the Board requires assurance that the project will be delivered on time and budget.
Effective assurance regarding project health can only commence once a comprehensive, integrated view of the various risks that face the project exist. Project Assurance efforts are often incomplete, duplicated, untimely or not effectively prioritised, leading to surprises. In addition, organisations seem not to learn from previous mistakes or repeat successes.
KPMG Project Assurance Services has a mature, end-to-end methodology to address every part of the project, from conception and proving feasibility to hand over and completion. The services are tailored to specifically meet the needs of owners undertaking major capital or IT programmes.
We assess existing project controls, assess compliance with contractual and regulatory requirements, assist clients in improving management oversight on complex and troubled projects, and provide targeted services aimed at saving our clients time and money. Our professionals recognize that each project is unique, so we tailor our services based on the structure and complexity of the project, experience of the project development team, and client’s business objectives.