The construction of an office building, a new production facility, or a major physical plant renovation entails enormous fiscal requirements and logistical challenges. In projects of these kinds, risks are everywhere.
Organisations that do not have staff with the requisite construction experience to effectively oversee a construction project are especially subject to risk — ranging from a poor procurement strategy to inferior project decision making.
How PricewaterhouseCoopers can help you
At PricewaterhouseCoopers, we help construction clients build the culture necessary to support improved risk and opportunity management. Our approach typically involves a program of developing and expanding a client’s internal procedures, review techniques, management skills, and general use of external assessments. In the process, companies change for the better the way they identify, manage and report cost, time and performance contingency. We can also help a construction company’s finance function organize appropriately skilled teams so that the internal audit function provides operational benefit to the entire organization.
