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Project Economics & Risk

Geleon provides comprehensive project economics and risk related services in accordance with various State, National and International standards and guidelines.

Our services are strengthened by the multi-disciplinary nature of our business which informs and supports the integrity of the services we provide.

Cost Estimating

  • Total project cost estimates through all stages of the project life cycle

  • Basic cost estimating using 'first principles' methodologies 

  • Strategic and concept level estimates including Options Analysis and Business Case estimates

  • Probabilistic risk evaluation (i.e. Monte Carlo simulation, P50, P90) using Palisade @RISK software

  • Preparation of competitive 'Open Market' tenders

  • Cost estimate verification and concurrence reviews

  • Bill of quantity preparation

  • Compliance with Department of Transport and Main Roads Project Cost Estimating Manual (PCEM)

  • Compliance with Department of Infrastructure and Regional Development (DIRD) requirements

  • Inputs for projects seeking an IS Rating by the Infrastructure Sustainability Council of Australia (ISCA)

Risk Management

  • Risk workshop facilitation

  • Risk register development and management

  • Risk Context Profiles (RCPs) in accordance with Department of Transport and Main Road policy

  • Control identification and management

  • Risk quantification and modelling (qualitative and quantitative)

Project Planning and Control

  • Project planning and scheduling (Primavera P6, Microsoft Project)

  • Constructability review and staging development

  • Earned value methodology

  • Critical path analysis

  • Building Information Modelling (BIM)

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