Building a risk management system from the ground up

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A major regulated utility company embarking on a multi-billion dollar construction project created its own internal risk management system to oversee the project.

Client’s challenge

To embark upon a highly visible multi-billion dollar construction project:

  • Develop strategy to manage cost, schedule and technology risks
  • Build internal capacity to manage project

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PwC’s solution

Create an industry-specific assessment team to:

  • Assess risks and develop mitigation plans for capital projects
  • Build technology solutions to address cost, schedule and risk management issues
  • Develop client capabilities to manage risks

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Impact on client's business

  • Risk, schedule and contract management tools developed and deployed
  • Company now has enhanced skills to manage cost, schedule and other risks on capital projects

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"...the company has decreased the risk of additional delays, cost overruns, and quality problems...for the entire domestic energy utility industry."

Contact us

Vinay Couto

Vinay Couto

PwC's Strategy&, Principal, PwC US