Supporting Success with Project Reviews

Why Conduct Project Reviews?

Project reviews are valuable at every phase of a project lifecycle, particularly at critical milestones and decision-gates. They can provide an external perspective and help to:

• Identify Risks: Proactively assess potential risks and opportunities in cost, schedule, and technical and operational execution.
• Ensure Compliance: Verify compliance to technical, safety, and regulatory standards.
• Refine Strategies: Refine execution models and identify areas for improvement.
• Stakeholder Confidence: Demonstrate due diligence and assurance to partners, investors, and regulators.

By undertaking reviews at key project phases, organizations can ensure alignment with goals, reduce costly surprises, and optimize value delivery.

Fram Marine’s Approach to Project Reviews

Fram Marine’s review services are flexible and tailored to each client’s needs. We can either conduct multi-disciplinary reviews or provide expert support for reviews organized by clients.

Typical review types include:

• Project Execution Reviews: Evaluations at critical stage gates, addressing schedule, cost, risk and opportunity, and value delivery as well as execution readiness.
• Technical and Compliance Audits: Assessing HSE leadership, technical compliance, technology maturity,  QA/QC for marine and offshore projects.
• Specialized Focus Areas: Reviews of critical project areas, such as contracting and procurement strategies, project organization, risk and opportunity registers, risk management, and innovative technologies.

Our review process begins with clearly defining review scope and timetable in collaboration with the client. Followed by a systematic approach to obtain the results, through risk assessments, document reviews, interviews, site visits etc. With a team of highly skilled professionals and decades of project experience, we offer expertise in technical, economic, and operational roles that are critical for project success.

Expertize Tailored to Your Needs

Our team includes specialists with deep knowledge and experience in maritime, energy, and renewables, as well as general project execution and company set up. For example, our expertise in new builds and vessel upgrades ensures that we can provide targeted insights into maritime projects.

Whether you need a high-level project health check, an in-depth compliance audit, or targeted risk assessments, Fram Marine delivers solutions backed by experience.

Fram Marine is uniquely positioned to provide review and audit services thanks to our:

• Extensive Expertise: Decades of experience across marine and energy industries.
• Multi-Disciplinary Approach: Access to specialists in technical, compliance, financial, and operational areas.
• Custom Methodologies: Customized structures to address unique project challenges.
• Independent Perspective: Objective evaluations to increase stakeholder confidence.

We understand that every project is unique, and our approach reflects this. By combining our experience with a collaborative mindset, we help organizations achieve their goals while minimizing risks.

If you are ready to take your project reviews to the next level, contact Fram Marine today to discuss how we can support your success.