Out-Tasking

A significant concern for a client is whether involving an external party in its project will result in dilution or loss of control, which could itself significantly impact quality, cost, or schedule. This understandable concern led to us to develop the concept of "out tasking" in contrast to traditional "outsourcing" as practiced by our competitors. An outsourced contract, normally subject to variation and change order processes and limits the likelihood for project success because of the built-in incentive to identify and argue about changes.

We call our concept "Out-Tasking" as opposed to "out-sourcing." Out-Tasking as we practice it operates on the basis that the client can realise the benefit of our personnel's expertise and knowledge while maintaining control over schedule and cost. Because the Èpeus team performing Project Advisory Services are typically involved in defining and planning a project, we do not search for reasons for variations but instead are committed to the client's goals of on-time and on-budget performance.

Another advantage to the client of our Out-Tasking concept derives from the unique nature of each project. Different projects may be the same "type" (e.g. "rig upgrades") or have similar specifications, but differences (whether subtle or obvious) always exist. This reality leads us to focus on tailoring, monitoring, and controlling the particular risk profile of a project.

Other services we offer derive in large part from our extensive experience in projects. Our Project Assurance Services include pre-project inspections and independent monitoring during project execution, and our advisory services include assistance to lenders and investors in due diligence, as well as to attorneys in resolution of project disputes.

The Èpeus way means that our services can be offered as a package for an entire project or in discrete packages. Many clients have in-house resources for planning and execution but use Èpeus, for instance, in defining a project, monitoring various aspects of its delivery, and closing it out at the end. For a discussion of discrete aspects of the project lifecycle, click here.