Answer Senior Financial Management's most important questions

• Will the construction project (the "Project") be completed on-time and on-budget?
• Has cost escalation forced a reduction in the scope of the Project's revenue generating capacity?
• Will the Project meet its return on investment ("ROI") goal?
• How will we monitor and mitigate potential risk to the Project's ROI goals?
• What are our options if the Project faces delays or cost overruns?

Establish an early warning capability

• Perform a Project risk assessment early, ideally during the Project's feasibility phase, master planning phase, or pre-construction phase.
• Implement the needed monitoring protocols that will mitigate the impact of problems before they become unmanageable.
• Identify red-flags, respond immediately, and maximize the Project's chances for success.

Test controls and mitigate weaknesses

• Identify control risks.
• Identify control failures.
• Identify internal control improvement opportunities.

• Specify risk monitoring and mitigation procedures that protect return on investment (ROI).

Benefits for the healthcare enterprise

• Identify risks to the Project cost, schedule, and return on investment (ROI).
• Identify risks that can be eliminated immediately by either contract, insurance, or control improvement.
• Obtain solutions for monitoring and mitigating risk during the remainder of the Project.
• Improve response time by monitoring the leading indicators of developing problems.
• Establish contingency plans for potential Project setbacks.

New problems due to Covid-19

.

• Before Covid-19, 80% of all projects cost more than planned and 20% were delivered late.
• Covid-19 has introduced significant new risks to construction project return on investment (ROI).
• Covid-19 has taken capacity from project management to respond to emerging problems.
• A risk assessment gives senior management a clear view into the Project's current operational risks.

Why rely on ResX, P.C.

• Experienced-ResX has audited and/or monitored over $6.0 billion dollars of construction projects.
• Responsive-We answer most calls and emails the same day, and all calls and emails within 24 hours.
• Impactful-Our clients gain peace of mind and save money on the cost of construction.
• Cost effective- Due to our deep experience, we work very efficiently and offer our risk assessment services

on a low fixed-price or guaranteed-maximum-price basis.

Benefit from our expertise

• Schedule a no cost / no obligation, one hour conference with us:
  • Understand the leading indicators of a construction project's financial success.
  • Understand the questions you need to know to challenge your Project's line management.
• Engage ResX, P.C. to perform a risk assessment for an affordable fixed price:
  • Designed specifically to address the concerns of Senior Financial Management.
  • Delivering the tools financial management needs to effectively oversee complex construction.