Decision Analysis and Quality

Decision Analysis and Quality

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Integral to the Genesis approach is the insight provided throughout the asset value chain, to enable quality decision assessment and assurance to unlock the maximum return to our clients.

 

We help our clients make informed decisions to create the maximum based on their own value drivers.  

 

We assess different alternatives in relation to: 

  • Lifecycle costs: Capital Expenditure (CAPEX), future upgrades, Operating Expenditure (OPEX), decommissioning 

  • Production profiles 

  • Availability and schedule 

  • Flexibility to different future scenarios 

  • Project risks and uncertainties  

  • Health, Safety and the Environment (HSE) risk assessment. 

 

Our transdisciplinary and integrative approach emphasizes: 

  • Problem interpretation relative to the environment  

  • Key industry and technology insights  

  • Deterministic and probabilistic analysis 

  • Value analysis and trade study delivery 

  • Concise communication to maintain stakeholder engagement. 

Risk and uncertainty management is a key element of any project phase.  

 

We have several different methods to support risk and uncertainty identification and quantification, including evaluation using probabilistic modelling, real options and scenario analysis through to ongoing risk mitigation support. 

 

Option and concept selection is a collaborative approach, with an emphasis on risk-based decision quality and a focus on key project success factors and drivers. 

 

Our value engineering processes ensure optimal design for early phase to advanced stage projects, using a systematic approach to identify high-value focus areas.