Client's challenge
About to embark on a five-year capital program critical to its financial and operational success, the client was unsure whether its risk management and investment evaluation processes were effective and could withstand stakeholder scrutiny.
PricewaterhouseCoopers advisory solution
We assisted the client in developing a consistent and disciplined approach to making business decisions, including managing risk, and making and monitoring investment decisions. We also developed a high-level implementation plan to roll-out the process in 2005.
Impact on client's business
As a result, the client has the business justification and a clear focus for implementing an improved governance structure and capital budgeting process. The client expects that implementing these will facilitate successful completion of their capital program and support communications with external stakeholders.
