Megaprojects

approach and method

I offer and facilitate a tailored and proven approach and method to cost-out, which fully involves engineers, technicians, supply chain professionals, business people and leaders from across the company's own organisation
The cost-out programme will deliver cost savings early on by attacking the easy cost categories first
As the programme progresses and participants get up to speed with the methods, the programme will begin to deliver massive cost savings on an ongoing basis
A side benefit to the programme's constant delivery of cost savings is that it installs a healthy cost awareness culture and educate all participants in valuable cost-out skills
The programme is designed in such a way that after a while, the company can take over and continue to run it successfully

MY ROLE

Challenge as-is and historic ways of working
Build a cost awareness culture
Anchor at executive level
Conduct the pre-Analysis
Design the programme
Facilitate cost-out sessions
Support cost-out projects
Keep up momentum and support as needed
Monitor and report

Four main steps

Pre-Analysis
Cost-Out Screening (all at once or in stages)
Cost-Out Projects (in stages)
Implement Cost-Out Packages (ongoing)

Tools i bring into play - examples

Data collection methods and templates
Programme design templates
Screening tools
Cost category sheet template
Cost-out project steps and process
Cost-out project charter
Cost-out package template
Reporting template

SECTORS

Manufacturing & Fabrication
Construction
Operations & Maintenance
Megaprojects
Other

QUALIFICATIONS and accreditations relevant to the subject-matter

25 years as subject matter expert in cost reduction consulting
MBA (with distinction), University of Bath School of Management, UK
BSc (Hons) Mechanical Engineering, Technical University of Denmark
MCIPS accreditation (CIPS), UK
Chartered procurement professional (CIPS), UK
Deep commercial know-how
Deep engineering know-how (registered inventor of two world-wide patens (7068804 and 6658125)

SCOPE

The scope of this particular cost-out project (being just one out of the programme’s many cost-out projects) was to optimise the technical solution concerning the switchboards cost category. The following engineering and commercial ideas were created, analysed and implemented in the resulting cost-out package:

Reduced demand in technical specifications
De-centralised switchboard locations
Reduced spare holdings
Reduced site-modifications
Introducing local Motor Starter (MS) located next to the power consumer
Changed logistics solution
Technical changes opening up to new more competitive suppliers

COMPANY:	Global Power Plant Contractor and O&M
BUSINESS AREAS:	Biomass, Waste, Hybrid/Diesel Engine
COST AREAS ADDRESSED:	Construction, Equipment, Services
COST CATEGORIES IDENTIFIED:	123
COST CATEGORIES SCREENED:	64
COST-OUT PROJECTS TARGETED:	45
COST SAVINGS:	5-20%
PEOPLE INVOLVED:	100+
PROGRAMME DURATION:	2+ Years

Cost-Out

I help companies take massive cost out of their engineering and procurement of capital-intensive plants, facilities, products and services. All companies have hidden or simply unaddressed costs that accumulates over time

What I do

approach and method

MY ROLE

Four main steps

Tools i bring into play - examples

SECTORS

QUALIFICATIONS and accreditations relevant to the subject-matter

Case

(in the role as assignment manager and subject matter expert)

Cost-Out programme information

Cost-Out Package example: "Switchboards"