PCG has an unmatched track record in identifying, developing, and executing delivery models for marine infrastructure projects. Our turnkey consultancy approach has successfully delivered over US $5 billion in marine construction CAPEX.
Marine infrastructure projects, by nature, carry a high degree of uncertainty and the pool of qualified contractors is limited. Cost overruns can easily double or treble original CAPEX budgets and often increase the already high completion risks for these projects.
A project owner’s decision-making process is often challenged by cost cutting during a project’s concept development and design phases at the expense of CAPEX cost overruns at later stages. Project risks are best mitigated early through proactive, rather than reactive, risk management.
Our philosophy and approach to delivering marine projects punctually and within CAPEX limits starts with the end, understanding how contractors assess project risks. The contractor is the only development party to actually price risk and, because of this, complex projects benefit from early collaboration that incentivizes a shared focus on risk pricing control. Other parameters such as environmental and regulatory risk control, allocation of pre-development funds on thorough site data collection, project timing/sequencing, and supply-side (contractor) market conditions also play heavily into determining the most appropriate strategy and delivery vehicle selection to achieve project success.
During our company’s 10 year history, our project delivery advisory has yielded average CAPEX savings of between 20% - 30% of project gross, while realizing an average reduction of between 30% - 50% of pre-construction “soft costs”, such as commercial viability studies, site investigations, and design.
Marine infrastructure projects, by nature, carry a high degree of uncertainty and the pool of qualified contractors is limited. Cost overruns can easily double or treble original CAPEX budgets and often increase the already high completion risks for these projects.
A project owner’s decision-making process is often challenged by cost cutting during a project’s concept development and design phases at the expense of CAPEX cost overruns at later stages. Project risks are best mitigated early through proactive, rather than reactive, risk management.
Our philosophy and approach to delivering marine projects punctually and within CAPEX limits starts with the end, understanding how contractors assess project risks. The contractor is the only development party to actually price risk and, because of this, complex projects benefit from early collaboration that incentivizes a shared focus on risk pricing control. Other parameters such as environmental and regulatory risk control, allocation of pre-development funds on thorough site data collection, project timing/sequencing, and supply-side (contractor) market conditions also play heavily into determining the most appropriate strategy and delivery vehicle selection to achieve project success.
During our company’s 10 year history, our project delivery advisory has yielded average CAPEX savings of between 20% - 30% of project gross, while realizing an average reduction of between 30% - 50% of pre-construction “soft costs”, such as commercial viability studies, site investigations, and design.
Core WorksOur firm offers a gamut of Services across numerous Markets, principally focused on these three core aspects of the industry.
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