Some of our Engagements
Truth is generally seen, rarely heard.
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We carefully choose our projects. The long-term health of our firm is not depending on the volume of business we do, but the type of work we do.
Any business is good business
, is patently false.Client work can fall anywhere along a spectrum of ‘asset milking’ to ‘asset building’. At Race 125% of our profits are made from 80% of our engagements and that 20% of our engagements lose 25% of our profits.
- Our inventory of skills, talents, knowledge and ability.
- The strength of our client relations, reputation, and the trust of our clients.
Our two key assets: -
The design phase is where the most project value can be gained (or lost). We are following seven principles that offer the most promising ways to improve performance and financial returns for our clients.
- Modular design & standardization.
- Consult construction and procurement teams.
- Optimize engineering processes and choices.
- Optimize around site constraints.
- Strengthen scenario planning.
- Maintain a life-cycle perspective.
- Design and Build only what is needed.
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For each project we choose we always answer the following 3 questions:
- Is the project DESIRABLE? (Is the cost/benefit risk analysis valid?)
- Is the project VIABLE? (Can the project deliver the design?)
- Is the project ACHIEVABLE? (Can the design provide the benefits?)
For the big majority of our engagements below the design project were a success (from the triple constraint's point of view - Scope, Time, Cost); but only few of them provided the benefits to our clients.
Sustainable value creation and value capture for our clients is what we passionately seeking for.