Cecelia Fadipe (FCMA)’s Post

🔴 🏗️ Beyond construction, major projects often involve deep multidisciplinary expertise, collaborative contracts and navigating complex political landscapes. The scope and objective of major projects require complex engineering to resolve current and emerging economic, social and environmental challenges. 🔴 🏗️ Managing major projects involves an interplay of factors such as strategic alliances alongside construction expertise for planned objectives to be realised. Realising planned benefits demands considerations such as project finance, expertise, innovative technological solutions, alignment of goals and mutual commitment from key stakeholders and parties involved in delivering these projects.    🎯 Our vision at #CFBL Consulting is to provide leaders of infrastructure projects and innovative businesses across five sectors and continents with the assurance of costs, profit, and a sustainable strategy. Our clients rely on us to deliver: - Infrastructure project cost assurance audits - Independent ESG audit and assurance - Capex and sustainable strategy advisory - Open book accounting thought leadership   ➡For more click the link in the comment box to visit the CFBL Consulting Website #infrastructure #projects #sustainability #ESG #cost #audit  #assurance #openbook #accounting

🔴 In this Article we discuss strategies for #businesses to thrive amid soaring #costs and inflationary pressures in the economic landscape.We answer key questions.   - How does inflation impact business operations beyond pricing? - Can businesses employ long-term strategies to combat inflation's effects? - How do global economic conditions affect inflation and business strategies? #inflation #cost #assurance #agile #business #strategy #economic #global

🔴 With costs sometimes in the range of $ millions and billion, major projects have the potential to change economies, and the trajectory of millions in communities all around the world. This means that careful project planning and delivery of major projects are essential to realise planned benefits. 🔴 Elements such as complex funding, supply chain and cost structures need to be carefully managed. While they present significant opportunities and potential for solutions to current and emerging challenges like cleaner energy, and increased road and transport capacity. Major projects often experience unplanned risks that can lead to change, time / and budget overruns and ultimately cost escalation.   🎯 Our vision at #CFBL Consulting is to provide leaders of infrastructure projects and innovative businesses across five sectors and continents with the assurance of costs, profit, and a sustainable strategy. Our clients rely on us to deliver: - Infrastructure project cost assurance audits - Independent ESG audit and assurance - Capex and sustainable strategy advisory - Open book accounting thought leadership   ➡For more click the link in the comment box to visit the CFBL Consulting Website #infrastructure #projects #sustainability #ESG #cost #assurance #openbook #accounting

🎯 Exciting update from our #MultiDisciplinary Steering Group. Our latest KO14 delves into crucial topics that are shaping the future of #infrastructure #project #cost. The focus on leveraging #data #analytics, #artificial #intelligence (AI), and process standardisation to enhance infrastructure cost estimates and #assurance is pivotal for advancing #construction industry practices. Below is an overview of the key aspects explored in our latest report (#KO14): 🔴 Data Analytics for Informed Decision-Making: Data analytics empower organisations to leverage historical project data and market trends, enabling more informed decision-making. 🔴 AI for Automated Cost Estimation: AI algorithms can analyse project specifications and historical data to automate the cost estimation process. 🔴 Process Standardisation for Consistency: Standardising processes for cost estimation and assurance fosters consistency across projects. 🔴 GDPR versus transparency and accountability on Alliance and open-book cost contracts. Our #KO14 discussions offer valuable multidisciplinary perspectives and strategies for industry stakeholders on advancements in infrastructure project costs. This collaborative approach to addressing key challenges underscores the importance of innovation and knowledge-sharing in driving future infrastructure development, cost estimates and assurance.   🎯 Special appreciation to our key contributors, members, and their organisations: Imran Akhtar - Turner & Townsend Cecelia Fadipe (FCMA) - CFBL Consulting (C-F Business Links) Claire Randall-Smith - Eversheds Sutherland Shy Jackson - Bryan Cave Leighton Paisner Katy Hannon - Scottish Water Gary Bone MSc MRICS - Blake Newport Elliot Patsanza FRICS - Ridge and Partners LLP Tom Leach - Southern Water Dr Anywhere Muriro FRICS, FCIArb, FCInstCES, MASAQS - BAM UK & Ireland Jennifer Varley - Bryan Cave Leighton Paisner Charlotte Hughes - DLA Piper 🎯 Other Members Include: Martin Perks - National Highways Jim McCluskey - Kier Group Chris Leech - Balfour Beatty plc Darren Ward - The Orange Partnership Ian Heaphy - NEC Contracts® David Worsley - Transport for the North Charlotte Edwards BA MSc MCInstCES - Atkins Michael Bamber - WSP Danielle Kenneally - Chartered Institution of Civil Engineering Surveyors (CICES) For more: 🔴 Access our expertise - https://lnkd.in/eQSr4D9X 🔴 Access our insights - https://lnkd.in/eZ28wfJf. 🔴 Access our publications - https://lnkd.in/extGU8vA

🔴 Major projects often experience delays, overspends, and delayed benefits versus costs and therefore need specialised cost management. Their cost and benefits which can be in the trillions have a significant impact on communities and economies worldwide. 🔴 Project benefits can be affected by inadequate cost planning, cost management and lack of independent audit and assurance strategy. These are fundamental to minimise the pattern of delays and overruns that persist on major projects. 🔴 Improved cost management made possible by data and lessons learnt from past projects across sectors and industries that sufficiently address budget optimism bias, cost risks, and cost assurance offer the potential of improved future benefits from major projects. 🎯 Our vision at CFBL Consulting is to provide leaders of infrastructure projects and innovative businesses across five sectors and continents with assurance of costs, profit, and a sustainable strategy. Our clients rely on us to deliver: - Infrastructure project cost assurance audits - Independent ESG audit and assurance - Capex and sustainable strategy advisory - Open book accounting thought leadership   ➡For more click the link in the comment box to visit the CFBL Consulting Website #CFBL Consulting #infrastructure #projects #sustainability #ESG #cost #assurance #openbook #accounting

🔵 💡 Innovative leaders continuously inject creative ideas into the business to achieve long-term success. Innovation is essential to surviving and being competitive in today's dynamic market, whether it takes the form of optimisation, product development, or value creation. 🔵 💡Innovation helps boost competitiveness, optimise costs, and increase productivity. These will help boost profitability, forge new alliances, create a readiness to seize business opportunities, leverage technology and mitigate emerging risks. 🔵 💡 Innovation must be part of the business strategy. This involves careful business planning and taking actionable strategic steps for the commercial application and successful implementation of business ideas. 🎯 Our vision at CFBL Consulting is to provide leaders of infrastructure projects and innovative businesses across five sectors with assurance of costs, profit, and a sustainable strategy. Our clients rely on us to deliver: - Infrastructure project cost assurance audits - Independent ESG audit and assurance - Capex and sustainable strategy advisory - Open book accounting thought leadership   ➡For more click the link in the comment box to visit the CFBL Consulting Website #CFBL Consulting #infrastructure #projects #sustainability #ESG #cost #assurance #openbook #accounting

💡📊 In business technology plays a vital role in driving innovation and agility. Emerging technologies like artificial intelligence (AI), automation, and data analytics have huge potential to transform businesses. 💡📊 These can enable real-time insights, the streamlining of processes, efficiency and drive reduced costs. They also provide real-time data for future improved decisions. 📊 💡📊 By leveraging the right technology, businesses can adapt more quickly to changing market conditions and gain increased competitive advantage that can propel business growth. 🎯 Our vision at CFBL Consulting is to provide leaders of infrastructure projects and innovative businesses across five sectors and continents with assurance of costs, profit, and a sustainable strategy. Our clients rely on us to deliver: - Infrastructure project cost assurance audits - Independent ESG audit and assurance - Capex and sustainable strategy advisory - Open book accounting thought leadership   ➡For more click the link in the comment box to visit the CFBL Consulting Website   #CFBL Consulting #infrastructure  #projects  #sustainability #ESG #cost  #assurance  #openbook #accounting #business

🔵💡For businesses being innovative should always be a part of your strategy. The right innovative techniques will optimise resources and costs creating a competitive edge for business growth. 🔵💡Significant efficiencies can be experienced by developing and using new technology and innovative strategies. One way to achieve this using distinctly different ideas from different perspectives. 🎯 Our vision at CFBL Consulting is to provide leaders of infrastructure projects and innovative businesses across five sectors and continents with assurance of costs, profit, and a sustainable strategy. Our clients rely on us to deliver: - Infrastructure project cost assurance audits - Independent ESG audit and assurance - Capex and sustainable strategy advisory - Open book accounting thought leadership   ➡For more click the link in the comment box to visit the CFBL Consulting Website   #infrastructure #projects #sustainability #ESG #cost #assurance #openbook #accounting #business #strategy