De-Risking Major Capital Projects
- Major capital projects are prone to cost and timeline overruns. For example, supply chains of nuclear plants have historically cost more than 25 times as much as oil & gas projects, with the contingency fund for budget overruns being the billions of dollars per plant.
- Overruns stem from lack of supply chain controls and can therefore be mitigated. Long-lead, custom-engineered components-failure to track their production and delivery risks multi-billion dollar consequences.
- On-time and on-budget delivery of materials, components and services is possible.
- Revchain™ Intelligence+ mitigates supply chain overruns. Our detailed monitoring, statistical analysis, predictive intelligence, and algorithmic corrective actions put you in control.
- The solution involves:
- Monitoring at the Bill of Materials Supplier/Component and Supplier/Labor level
- Continuous analysis of the likelihood of disruptions at the ends of the supply chain
- Continuous corrective actions to disruptions based on best practice and industry experience
