QUALITY ASSURANCE OF THE BUDGET – SO IT STICKS!
We provide quality assurance of budgets by effectively analyzing costs and uncertainties that can affect them.

We do this by:

1. Preparing the company and participants for what to expect
2. Adapting the scope of the analysis to the quality of the project and the company’s budgeting maturity
3. Planning the process together with the project manager and decision-makers
4. Putting together a broad-spectrum analysis group to get the full scope of the project
5. Teaching the group the method and its processes
6. Facilitating the group through the analysis process to ensure quality
7. Ensuring action plans are initiated
8. Support the project manager in reporting the results

Method
We use the Successive Principle, which has created success in 1000’s of projects.

It is a project management tool that ensures insight and engagement in the project/portfolio and provides robust budgets & plans.

Results
After the workshop, we typically have the following results:

• A Top 10 list of project uncertainties
• An action plan that addresses the most important uncertainties, even if there are 1000 things in the project
• A shared insight and understanding of the project’s goals, assumptions, framework, risks and opportunities
• Anchoring the project in the organization

Users of the method
There are many users in Scandinavia. For example:

• Norway’s two largest contractors, Veidekke & AF Gruppen
• Trafikverket in Sweden (per law)
• Large government projects in Norway via the Estimation Method & Government Project Model
• Norway: BaneNorr, Forsvarsbygg, Jernbaneværket, Kværner Oil & Gas, Norske Hydro, Norske Shell, Sporveien, Statsbygg etc.
• Sweden: Ericsson, Forsvarets Materielverk, Göteborg Energi, Region Gotland, Region Östergötland, Trafikverket, VAsyd etc.

References
You can find more references via the button below. Ask for references in Denmark.

QUALITY ASSURANCE OF THE BUSINESS CASE – SO IT STICKS!
We provide quality assurance of business cases by effectively analyzing costs, revenues and uncertainties that may affect them.

For this we use the Successive Principle, preferably combined with historical data.

Methodology
We use the same process and methods as in a cost analysis.

Business cases
It can be a business case analysis of e.g. company performance (profit), a portfolio of projects, a project program, an investment in a technology project, etc.

It is a management and decision-making tool that ensures insight and commitment to the business case in question and provides a robust answer to whether a positive or negative outcome can be expected from the business case.

Results
After the workshop, we typically have the following results:

• A Top 10 list of business case uncertainties
• An overview of income, investments and expenses
• An action plan that addresses the most important uncertainties, even if there are 100’s of elements involved
• A shared insight and understanding of the business case’s goals, assumptions, framework, risks and opportunities
• Anchoring the business case internally and possibly externally
• A powerful tool for investments, fundraising, business valuation, solvency assessment and more.

More information
Enquire further, e.g. about references in Denmark.

More information
Enquire further, e.g. about references in Denmark.

Benefits of early quality assurance with the Successive method

We became aware of other risks by sitting together and brainstorming about them.

Project Manager, Nickolai B. Petersen, Kaj Bech

Benefit of early quality assurance

The main benefit is that you can estimate costs early on to discuss financing…

Tek. Director Leif Lindberg (Swedish, Light Rail)

What is it based on?

The method is based on science and common sense.

Professor of Project Management, Ole Jonny Klakegg, NTNU (Norwegian University of Science and Technology)

RAM: RISK, ASSUMPTIONS & OPPORTUNITIES REGISTER
We use an Excel program to register risks, assumptions and opportunities (RAM) in one Excel program.

This offers some advantages, as you treat the three conditions in exactly the same way.

SIMPLE RAM REGISTER
This is a simple version of a risk diagram, where only impact and probability are shown.

This is often not enough to identify the most significant/dangerous risks.

Therefore, dedectability is added – i.e. the degree to which you are able to see the risk in question well in advance – before it occurs.

Below is an expanded risk diagram where the dedectability of the risk elements is included. Now it’s easier to find the risks that have a high impact, a high probability, AND are difficult to detect early on.

RISK WORKSHOPS
We offer to help you with risk workshops to ensure effective analysis and engagement of all participants.

This can contribute to a good project start-up and ensure you get an effective picture of risks, assumptions and opportunities.

Then you can create action plans for the most important elements.

WATCH ONE OF OUR YOUTUBE VIDEOS
Here you can get tips and tricks for creating effective risk workshops.

MORE INFORMATION
Read more in the FAQ or ask for more information