Major projects are challenging. Not only are there conflicting and heightened stakeholder expectations, but there’s also the ever-increasing requirement to do more for less cost, time and resources. You know that it’s vital that your project runs well but being an expert in every area is impossible. ARAVUN provides risk and value management services to megaprojects in the development stages, to help you scope and manage your project with confidence.
Working together, risks are identified and an effective plan to mitigate threats and maximise opportunities is formulated. Strategic risk and value management combined allows you to clearly define the outcomes needed for a project (without just defaulting to historic methods), anticipate what may prevent you from achieving it and formulate the best way to deliver, saving time and money whilst improving project outcomes.
Finding out exactly what you want from the project in terms of both your mission and your values, a well-fitting plan is built for you. This can lead to a better return on investment, enhanced corporate reputation and improved delivery timescales. In addition, your project will benefit from having agreement on the vision for the project and how to achieve it.
ARAVUN works with you to understand each area of the value ratio and which of the possible strategies are the best for you to increase value for key project stakeholders:
increasing the benefits whilst the resources stay the same;
increasing the benefits significantly and increasing the resources to a lesser extent (so the overall ratio is still higher);
keeping the benefits stationary and reducing the resources;
reducing the benefits slightly but reducing the resources significantly (so the overall ratio is still higher).
– Paul Hopkin, former Director of the Institute of Risk Management
ARAVUN can help you if any of these apply:
Together, we’ll start by reviewing your project to understand where you are now and where you need to get to. We will identify what you need to focus on to get the best out of your project. We’ll also identify your goals, strengths, weaknesses and opportunities and how you’re going to use this information to best effect. As we do this, you’ll gain an understanding of why clients use ARAVUN. Together we will go through the Compass programme, directing megaprojects to success from the start.
You will:
ARAVUN can help you if any of these apply:
Together, we’ll start by reviewing your project to understand where you are now and where you need to get to.
We will identify what you need to focus on to get the best out of your project. We’ll also identify your goals, strengths, weaknesses and opportunities and how you’re going to use this information to best effect.
As we do this, you’ll gain an understanding of why clients use ARAVUN. Together we will go through the Compass programme, directing megaprojects to success from the start.
You will:
The process that is used by ARAVUN is proven and tested on multi-billion pound megaprojects. Using the Pareto principle, we will uncover the most important things for the time pressured project team to focus on in order to maximise value efficiently. Unearthing them in some places that the inexperienced would never have thought of, ARAVUN will work with you to identify risks and determine how to manage them effectively.
ARAVUN is known for:
Getting consensus on a project in the early stages, without disregarding dissenting voices;
Determining needs of key stakeholder and identifying innovative ways to meet them;
Leading the project team to a clear definition of the required outcomes (this will free them up to consider options for delivery);
Determining what represents best value for a project and formulating a blueprint to achieve it;
Demonstrating to government or the Board that you’re getting the most out of the investment in the project;
Validating and strengthening the business case for a project.
ARAVUN is looking forward to helping you with your project. Complete the contact form and you’ll get a response within 24 hours.
– Jesper Pedersen, Board Member, Danish Society of Engineers (IDA)
Risk
– Jesper Pedersen, Board Member, Danish Society of Engineers (IDA) Risk