Project Management
Maverick Engineering, Inc. (MEI) offers cost effective solutions to a wide range of engineering challenges. Our approach provides industrial, commercial and public sector clients with responsive, practical and economical strategies for completing projects on time and on budget.
MEI has adopted a Phased Project Approach, also known as a Gated Approach to provide precise management control during planning and execution of projects.
For the planning phases, a Front End Loading (FEL) technique is applied to:
(a) Mitigate risk associated with inadequate project definition,
(b) Lower project cost through Value Improvement Practices and
(c) Establish realistic goals for project execution.
For the execution phases, an Earned Value Project Management (EVPM) technique is applied to ensure projects stay on track. The principles of Earned Value are outlined by the Project Management Institute (PMI), recognized worldwide since the 60’s as the benchmark in Project Management. Earned Value (EV) is our scorecard for progress on projects and includes Cost Performance Indices (CPI) and Schedule Performance Indices (SPI).
Using our proven approach, MEI adds value in two ways:
(1) Reduce Total Installed Cost (TIC) through Front-End-Loading (FEL) and Value Improvement Practices (VIP), and
(2) Reduce Capital Cost/ Improve Early Start-Up by restraining creep in scope and schedule through Earned Value Project Management.