Services

Process Assessment 

Review department functionality including document reviews, staff interviews and workshops.   
Process Assessment

• Plan for process improvement: develop strategies and plan activities and resources.
• Reengineering/process mapping workshops: implement planned process improvements.
• Support procedure development in alignment with processes.

Organizational Development and Training

• Evaluate the organization, staff skills and knowledge, organizational alignment with objectives, processes, methods and tools. 
• Planning for organization improvement
• Develop competency/capability development models 
• Implement improvements with customized training 
• Coaching: provide managers with support and advise as needed.

Methods and Tools 

Bespoke methods and tools that meet needs for which commercial systems are not practical or leave gaps. Perform a needs assessment followed a proposal for custom development and implementation.

VE’s goal is to leave each client self-sufficient in terms of owning and competently applying methods and tools (not dependent on consulting support).

Examples:

• Estimating Methods and Tools (e.g., owner Class 5 and 4 cost models)
• Project Historical Databases for cost, schedule and risk information and metrics
• Estimate Validation Methods, Tools and Metrics (i.e., application of historical data)
• Risk Analysis and Quantification Methods and Tools: see ValidRisk​

validrisk

Estimates and Risk  

• Estimate Reviews (prior to gate): qualitative review of AACE Class 4 or 3 (Pre-feasibility or Feasability) estimate on behalf of the owner. The goal is to determine if the estimate meets owner requirements and provides a suitable basis for decision making, funding and control.  
• Estimate Validation: This is a quantitative estimate review using metrics analysis. Because VE does not have specific metrics at its disposal, the consultant supports the owner and/or contractor in ensuring they have done this well (if not, this adds to uncertainty captured in the risk analysis that follows).
• Risk Analysis, Contingency, Reserves:  The consultant will facilitate risk workshops and has  unique empirical research expertise to quantify the contingency and reserves of projects and programs using best practices (re: ValidRisk). This may be part of an estimate review or a stand-alone effort. 

OTHER: Bespoke Training, Expert Task Support, Advise

• Bespoke Training (TCM, Cost Engineering, Estimating, Project Controls, Risk Analysis, etc.)
• Investment Analysis (e.g., life cycle cost modeling)
• Investment Decision Support (e.g., decision modeling)
• Escalation Estimating (including probabilistic tools) working with Econometric Consultants
• Negotiation and Claims Support
• Historical Data Capture/Cleaning/Normalization
• Support Independent Project Review (IPR) Teams (focused on estimating, project control and risk management aspects)
• and more...