1. Seize the decade: Maximizing value through preconstruction excellence.
- Author
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Dussud, Matthieu, Fuchs, Steffen, Pikul, Piotr, Schmitz, Christoph, and Kernick, Oliver
- Subjects
VALUE (Economics) ,BUSINESS enterprises ,VALUE engineering ,COST overruns ,EXCELLENCE ,LIFE cycles (Biology) - Abstract
Optimizing the business case through project value improvement As project objectives are validated, owner-led project value improvement (PVI) then presents the greatest opportunity to improve project economics. Visit the Capital Excellence page How stakeholders can capture value through preconstruction excellence Preconstruction excellence looks different from the perspective of an investor, an owner, and an E&C firm. As such, investors should have a perspective on what the project should cost based on comparable benchmarks, and be suitably informed to ask challenging questions of the owner team to seek clarity on the minimum technical solution and value-improving options. [Extracted from the article]
- Published
- 2023