Value Engineering
The purpose of the value engineering concept is to optimize resources and costs dedicated to an overall activity or project. This is possible only by deep knowledge of specific activities for each project correlated with vast experience.
Each particular analysis of value engineering presented to the client will be accompanied by a detailed report including alternative solutions, costs saved in time and financial resources, project optimization, positive change of the work program.
The critical analysis based on our previous experience and a dynamic exchange of information between our team’s experts and the client represent the binomial for our conception of value engineering.
Project Management
● Concept Definition
Project management is the organizational concept defining organization and management of certain tasks and resources, aiming at reaching a certain objective, considering certain variables related to time, resources and costs.
● Turn-Around Project Management
The evolution of a project is not positive all the time, in accordance with the schedule towards the final purpose. Sometimes syncope occurs, jeopardizing the entire progress, and in this point a “turn-around” aggressive strategy becomes vital. The Turn-Around Project Management faces complex situations, pressure of limited time, shortage of information and resources, incertitude of the future.
In such scenario, the appropriate turn-around approach is to align along two main directions:
- Splitting actions performed into easily manageable tasks, which are well defined from temporal point of view and in terms of resource allocation;
- Assigning clear and realistic responsibilities for tasks and activities.
● Information related to implementation of European fund projects
Having a vast experience built up in a long activity with projects financed from European funds, our experts are highly qualified to offer consultancy services in this field. Being familiarized both with specific legislation for European project implementation and with national legislation, our company links this knowledge of local legislative framework to its experience in performing such projects previously described in order to provide our clients with maximal results from projects under implementation.
Procurement and Engineering
Being actively present in the field of public procurement in Romania and in the Balkans, TRITON INVEST ADVISORS offers valuable consultancy services in the field for companies intending to access the Romanian market.
Our services in public procurement field include assistance for:
● Development of market studies with a view to identifying possible accessing opportunities
● Monitoring electronic media (procedures with online information) in order to identify potential projects and their monitoring along their entire duration and sending important information (awarding documentation, clarifications, appeals, information from the contracting authority) to the client
● Translation of the awarding documentation into the language requested by the client
● Support in identification of material suppliers
● Identification of potential subcontractors depending on clients’ needs
● Assistance in the development of the technical proposal/development of certain sections in the technical proposal
● Price assessment and cost estimate
Contract Management Consultancy
In a dynamic and competitive environment, the contract management consultancy can be a highly valuable instrument in optimizing the technological process and in financially controlling contracts. Our company’s portfolio includes at this chapter both Romanian companies, and significant international contractors benefiting from our team’s experience in order to reach specific objectives for each project.
Although contract management consultancy has certain general features, the distinct touch of our company is generated by certain specific futures of our services:
● Vast experience of both our own team and our collaborators’ team made available in order to fulfil clients’ needs;
● Being a fully Romanian company and having tradition, TRITON INVEST ADVISORS benefits from deep knowledge of the features and requirements of the Romanian market;
● At the same time including very well known international experts, our team can apply in each case the most comprehensive and current information in the field of contract and/or project management through the perspective of team’s senior members;
● Our services are precisely customized according to the needs of each client. We support customization and empathy rather than performing pre-established activities based on usual processes for approaching contractual problems;
This specific touch allowing us to integrate much more efficiently international practices of Contract Management into market requirements in Romania distinguishes TRITON INVEST ADVISORS form its competitors and makes it offer a much more efficient and competitive service package.
Planning and Monitoring Contract Evolution
By means of dedicated projects (Primavera, Tilo, Microsoft Project etc.), TRITON INVEST ADVISORS experts have the possibility to plan, monitor and foresee the evolution of certain contracts by reporting to certain pre-established critical points in accordance with contractual requirements.
Such managerial approach allows our clients a much more efficient control over contract evolution, removing additional costs and avoidable risks.
TRITON INVEST ADVISORS services include:
● Identification and planning of tasks and durations in accordance with contractual requirements; defining the critical path of the execution program;
● Highlighting critical points, constraints and conditionality issues and efficiently organizing the activity with a view to reaching them within the proposed timeframe;
● Monitoring by monthly reporting upon activities (their performance/delay/reprogramming depending on contract necessities or physical evolution);
● Correlation of the work program with a risk analysis with a view to avoiding events that could negatively impact contract evolution;
● An efficient delay management through an analytical perspective upon generating events and through corresponding reorganization of activities so as to minimize the impact upon global program;
● Determining delays and management;
● Disturbances of the work program.
Quantity Surveying
The TRITON INVEST ADVISORS team includes senior quantity engineers that can offer the following types of services, based on their vast experience:
● Development of payment documents and requests;
● Development of Interim Payment Certificates;
● Check of proposals for new prices, determination of new prices;
● Assistance within negotiation and development of Variation orders;
● Determination of new prices and development of Variation orders;
● On site check of the works performed and for which payment is requested, check and negotiation of new prices, participation in negotiations;
● Check of post-execution documents, determination of quantities and values executed with a view to taking over when works are completed and issuance of the Taking over certificate when works are completed;
● Assistance in the development of the Final works situation, establishing the final price of the contracts in order to issue the final payment certificate and the one for the final taking over;
● Assistance in the development of the Certificates for issuing retained amounts within the Final works situations and of the Final payment certificate.
Consultancy for Solving Demands/Solving Disputes/and Arbitrage Assistance
The dynamics of contract performance in construction field generates sometimes situations where Contractor’s perspective differs from the Beneficiary’s one and the resulted contractual conflict can be solved only within a Dispute Adjudication Commission, arbitrage or within competent law courts.
TRITON INVEST ADVISORS experts can evaluate any type of demand and can offer assistance from contractual, technical and legal points of view in any evolution stage on the demand process. TRITON INVEST ADVISORS assistance extends to the following stages:
● Development of Statement of Case, identifying solid contractual and legal support correlated with contract documents and applicable legislation;
● Statement of Case within hearings of the Dispute Adjudication Commissions/Dispute Solving Commission;
● Any other evolution stage for the Arbitrage process.
The legislative side of cases within our portfolio benefit from a positive and long professional collaboration from the Nestor & Nestor law firm, whose reputation and results in the Romanian market speak for themselves.