Following the inaugural meeting of our multidisciplinary steering group, on cost assurance and audit of infrastructure projects and contracts, we are pleased to share our Key Output 1, with the wider industry. These are summary recommendations and the latest thinking from multiple lenses and industry experts. We hope you find these beneficial and insightful. Appreciation to: Imran Akhtar Ian Heaphy Dave Heath Adrian Charlton Jennifer Tinniswood Christina Martins-Wood Matthew Yates Claire Randall-Smith Paul Railton Jim McCluskey Gary Bone MSc MRICS Stephen Blakey FRICS, FCinstCES, MICW Walter Macharg Martha Mordecai Louise Robling Lisa O'Toole For more information contact Cecelia Fadipe, FCMA Director CFBL Consulting T: 01737452323 M: 07951722554 E: info@cfbusinesslinks.com W: www.cfbusinesslinks.com #cost #assurance #audit #infrastructure #projects #contracts #transformation
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🏗️ 🔵 Investments in major infrastructure projects involve developing or enhancing assets that help with resolving economic challenges or creating a more sustainable future, yet they frequently experience complex funding pressures, scope creep and time constraints. 🏗️ 🔵 Project success requires proactive risk management, transparency from cost assurance activities and the real-time data from audits can influence success outcomes while lessons learnt from completed construction projects can help inform future infrastructure funding decisions. 🎯 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 #project #sustainability #ESG #cost #assurance #openbook #accounting
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🔴 Major projects have the potential to drive transformative impacts on global economies through infrastructure developments in transport like bridges, dams, airports, and increased capacity from renewable energy facilities. To fully realise planned benefits challenges such as budget overruns, environmental impact, and complex stakeholder dynamics require meticulous cost planning and management. 🔴 This means that successful execution demands meticulous planning, project management, and accountability. Pre-investment analysis, feasibility studies, risk impact assessments, and stakeholder consultations are critical. Effective governance and ongoing cost assurance regimes are essential to control costs, maintain sustainable practices and optimise economic value added. 🎯 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 #audit #openbook #accounting
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🔴 From experience companies that embrace improvements from the cost audit and assurance process often experience increased client and stakeholder confidence, stepped improvements and transformation of their systems and controls and growth in long-term profitability from winning more major contracts. 🔴 Similarly clients and funders who communicate pre-contract and correctly implement a cost assurance strategy from project start as part of commercial or financial KPIs often see increased evidence of value for money, more efficient use of resources, improved forecast accuracy and better realisation of planned benefits. 🎯 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 #infrastructure #project #sustainability #ESG #cost #assurance #openbook #accounting
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🔴💡Our latest report delves into the key role of innovation in navigating today's dynamic market landscape, offering actionable strategies for businesses to thrive amidst uncertainty. We explore the multifaceted causes of market fluctuations, from economic indicators to technological breakthroughs and share our insights and recommendations for businesses to innovate. Discover why innovation is the cornerstone for business success, driving long-term growth and competitiveness in an ever-evolving marketplace. 🎯 Our vision at CFBL Consulting is providing 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 visit: https://lnkd.in/emmxgHxc #business #strategy #cost #assurance #project #infrastructure #technology #growth
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CFBL Consulting (C-F Business Links) reposted this
Earlier this month, we celebrated International Women’s Day. We reflected and celebrated, but also acknowledged the commitment we must all make toward achieving an equal, inclusive, and diverse world for all. Aligning to this year’s official theme, we asked our teams across the world how they #InspireInclusion? Take a look at how our teams celebrated and got involved this year.
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🔴 By using innovation strategically, businesses can better succeed in future during fluctuating market conditions. This is key to spurring growth, mitigating current risks and creative problem-solving in addressing emerging risks. 🔴 Growth is fuelled by innovation, which accounts for about 60% of a business's success. Businesses can reach wider markets and capture new ones by honing into untapped markets to gain a competitive advantage. 🔴 A business with a clear vision and a culture that encourages innovation is essential for future success. Businesses can stay ahead of the curve, satisfy changing requirements, and achieve revenue growth by adopting these approaches. 🎯 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 #infrastructure #project #sustainability #ESG #cost #assurance #openbook #accounting #business
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This month, we provide a comprehensive analysis of the need for innovation in navigating fluctuating market conditions, offering actionable insights and recommendations for businesses seeking to thrive in today's dynamic business landscape. We discuss the following: 🔴 💡 Understanding Fluctuating Market Conditions caused by various factors, including economic indicators, geopolitical events, industry-specific news, technological advancements, and even psychological factors such as investor sentiment and market speculation. 🔴 💡 The Imperative of Innovation that underscores the critical need for organisations to continually evolve, adapt, and create new ideas, products, and processes to stay competitive and drive growth. 🔴 💡 Strategies for fostering innovation within an organisation requires a combination of leadership, culture, resources, and processes designed to encourage creativity, experimentation, and the development of new ideas. 🎯 Our vision at CFBL Consulting is providing 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 visit: https://lnkd.in/emmxgHxc #business #strategy #cost #assurance #project #infrastructure #technology #growth
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Please join me in congratulating and welcoming new members of our team at CFBL Consulting 🎉 ✅ Ashi - Finance and Accounting Intern: Ashi brings valuable expertise to our projects. With a strong academic background and practical experience, Ashi leverages her solid foundation in finance and accounting principles. Ashi is currently pursuing an MBA, enhancing her skills and knowledge. ✅ Nijhum - Project management Intern: Having extensive knowledge in business strategy development, market analysis, and brand management, he offers valuable assistance to CFBL. His expertise also includes effective communication, risk management, and documentation for projects. ✅ Rafeek Rasool - Data Analyst and Technology Intern: Rafeek is an exceptional data analyst and technology intern, excels in extracting valuable insights from complex datasets. With an analytical mindset and cutting-edge tools, Rafeek transforms raw information into actionable intelligence, enabling strategic decision-making. Proficient in programming languages and data manipulation tools. ✅ Faraaz Ahmed - Technology Data Analytics Intern: Faraaz is an MBA candidate, brings a combination of passion and proficiency to his role as a Technology Data Analytics and Digital Intern at CFBL Consulting. Collaborating closely with technology and data analytics teams, Faraaz uncovers actionable insights from social media data, effectively driving efficiency and fostering improvement within the company.
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Key output 1 and all past outputs can now be found and downloaded from here. Please feel free to share. https://www.cfbusinesslinks.com/steering-group-csr