De-Risk’s Strategic Delivery Assurance methodology brought predictability and assurance to these two critical projects, identifying both delays and opportunities to recover the timescales and bring the projects on track. It also revealed the potential for additional engagements for Advance Consulting, as they detailed the actions required to help mitigate the risks identified and take the opportunities.
1. For the heads project, De-RISK quickly established via SDA Stage A that the initial “load-out “milestone was likely to be missed by approximately 1.5 to 2 years. More worryingly, the analysis showed a 0% chance of meeting the dates, meaning even if all risks were managed, they would only recover approximately 5 months of the delay.
2. On the power project however, the SDA showed that the schedule contained several opportunities to bring specific activities forward. Using Monte Carlo Analysis, there was a potential opportunity to bring the implementation go-live dates forward by up-to 1 year and in particular, to move key parts of the construction outside of the winter months.
The prediction that the current programme was not achievable as structured, along with specific areas of mitigation, positioned Advance Consulting to propose a strategic review of the overall programme to ensure that cross-dependencies were fully understood and exploit where appropriate, showing the impact of individual projects were effectively working in isolation.
Drawing on Stage B of the SDA methodology, which captures non-timescale strategic assumptions, Advance were able to facilitate a full joint Risk Review Board which led to the establishment of the improved associated governance processes needed to agree specific actions and monitor progress in regular follow up Risk Review Boards.
Our initial analysis showed the probability of achieving the desired milestones: the predicted delays, along with the risks – ‘risky assumptions’ – that would need to be managed in order to get back to plan. The 0% chance of success meant that the programme required restructuring in order to be deliverable. As one project was predicting significant delays, whilst the other project was showing opportunities to compress timescales, it led BB senior management to consider that the structure and priorities of the overall programme may need to be revisited. Advance Consulting were perfectly positioned to assist with this work.