Alternative EnergyAlternative EnergyAlternative Energy
Vital thread for sustainable practices, risk management and a profound reverence for the Earth.
geothermal and solar energy
We multiply impact and replicate success
We multiply impact and replicate successWe multiply impact and replicate successWe multiply impact and replicate success
within a multidisciplinary team environment throughout a project life-cycle using AI-powered technology.
Risk Management
Risk Management
Risk Management
It is customary to conduct at least one risk analysis session for large-scale projects. During this collaborative gathering, various stakeholders, engineering consulting firms, and experts diligently strive to identify plausible scenarios that may impede the project's progress. Additionally, meticulous consideration is given to devising s
It is customary to conduct at least one risk analysis session for large-scale projects. During this collaborative gathering, various stakeholders, engineering consulting firms, and experts diligently strive to identify plausible scenarios that may impede the project's progress. Additionally, meticulous consideration is given to devising strategies for mitigating or even averting these potential challenges.
Sustaining an active risk management plan is of utmost importance, necessitating continuous engagement from all involved parties. Within this context, TCN Inc. specializes in skillfully navigating the intricacies of handling risks and acting as the owner's trusted representative.
Execution Phase
Risk Management
Risk Management
When the project enters execution, project monitoring and controlling assumes responsibility for managing the budget estimate and overseeing the progress of the project. At TCN Inc., we don't solely focus on hours, cost, and installed quantities; we also diligently monitor potential events such as changes, unforeseen circumstances, and th
When the project enters execution, project monitoring and controlling assumes responsibility for managing the budget estimate and overseeing the progress of the project. At TCN Inc., we don't solely focus on hours, cost, and installed quantities; we also diligently monitor potential events such as changes, unforeseen circumstances, and the management of risks in the Greater Ottawa area.
These factors represent trends in project dynamics, and we allocate appropriate resources to address them. By anticipating these trends, we can provide informed reports on the Estimate at Completion and the Estimate to Complete.
The trend register also encompasses the risk register. During project execution, we closely track the trends recorded and identify which have come to fruition and which have not. The magnitude of these trends may fluctuate as a result of the impact caused by changes in project conditions. Unforeseen events and risks are not static; they dynamically vary with the field's situation until they either materialize or become irrelevant.
Our comprehensive package of capital projects consulting services has been tailored to meet the specific needs of project owners. We proudly represent our clients at the highest standard, performing as trusted owner's representatives.
Cost Control
Risk Management
Experience and Expertise
Funds set aside in the initial budget to account for potential risks are typically referred to as a contingency fund. The reserved money is utilized when a risk event transpires, but if the risk does not materialize, the funds remain with the project or are returned to the business.
TCN Inc. keeps a pulse on emerging trends and assigns app
Funds set aside in the initial budget to account for potential risks are typically referred to as a contingency fund. The reserved money is utilized when a risk event transpires, but if the risk does not materialize, the funds remain with the project or are returned to the business.
TCN Inc. keeps a pulse on emerging trends and assigns appropriate funds to them, including a contingency for potential risks. This allocation is monitored over time and illustrated via a contingency rundown curve. Upon project completion, a review of contingency expenditure is conducted to gain insights into potential risks and improve our risk estimation and mitigation strategies for future projects.
Experience and Expertise
Experience and Expertise
Experience and Expertise
TCN Inc. delivers unparalleled expertise and insight in project cost and risk management, an area where many management and operational professionals fall short.
Organizations may only upgrade their systems or alter their operations every half a decade or more, but TCN Inc. spearheads several similar-scale projects annually. We possess pra
TCN Inc. delivers unparalleled expertise and insight in project cost and risk management, an area where many management and operational professionals fall short.
Organizations may only upgrade their systems or alter their operations every half a decade or more, but TCN Inc. spearheads several similar-scale projects annually. We possess practical knowledge of strategies that succeed and those that fail.
Each project benefits from the unique viewpoint that TCN Inc. brings to the table. In many organizations, internal resources tackling a major system or facility project would be navigating their initial design and implementation phase. While certain organizations might have a comprehensive grasp of planning and implementation, most lack the expansive design and facility management abilities that we offer.
Organizations' knowledge is typically limited to their specific industry or services provided.
TCN Inc. provides tried-and-tested processes and methodologies that have yielded success in comparable projects. These can be applied during the project's planning, design, and execution stages. Such an outlook can dismantle the "this is how we've always done it" mindset, stopping organizations from merely digitizing the poor practices they've accumulated over the years.
Methodology
Experience and Expertise
Methodology
TCN Inc. employs a meticulously devised, step-by-step capital projects consulting services methodology which ensures project success. This approach, honed through past experiences, incorporates all elements that have contributed to the triumph of our previous undertakings.
Acting as owner's representative, we collaborate closely with the o
TCN Inc. employs a meticulously devised, step-by-step capital projects consulting services methodology which ensures project success. This approach, honed through past experiences, incorporates all elements that have contributed to the triumph of our previous undertakings.
Acting as owner's representative, we collaborate closely with the organization's management and project teams, inclusive of engineering consulting firms, to articulate the project's objectives and requirements. This crucial process of explicitly outlining requirements before engaging vendors enables organizations to become informed clients.
Why us
Experience and Expertise
Methodology
At the forefront of innovation and success, we amplify outcomes and duplicate triumphs across a diversity of team environments, seamlessly integrating throughout a project's life-cycle by utilizing state-of-the-art technology.
Adhering to industry-leading standards such as PMBOK and SAVE International's benchmarks, our approach is further
At the forefront of innovation and success, we amplify outcomes and duplicate triumphs across a diversity of team environments, seamlessly integrating throughout a project's life-cycle by utilizing state-of-the-art technology.
Adhering to industry-leading standards such as PMBOK and SAVE International's benchmarks, our approach is further enhanced with an assortment of sophisticated tools, risk management strategies, and academic research, meticulously cultivated over 10 years in capital project consulting services.
This wealth of knowledge equips us to deliver an all-encompassing project monitoring and control service package within the ICI sector. As your representative, we specialize in the Ottawa-Gatineau area, ensuring your interests are at the heart of every decision.
