The seminar will discuss how tools such as whole life costing, risk analysis and prioritisation modelling can add strategic value to more traditional investment criteria. International cost and project consultants, Faithful+Gould will demonstrate how the imaginative use of such techniques has been used to the benefit of a wide variety of public and private projects.
Whole Life Cycle Costing is about making better informed investment decisions, based not on lowest capital cost, but best whole life value for money!
Risk management is the deliberate process of understanding risk and deciding upon and implementing actions to reduce risk to a defined level. "The greatest risk is not managing risk" (Mike Gladwin, senior risk management consultant).
Prioritisation Modelling Is the alignment of existing and future assets. It is about the prioritisation and optimisation of investment decisions to meet business needs.