With annual capital expenditures (CAPEX) often exceeding net income, the ability of oil & gas, chemicals, and pharmaceutical companies to predict the outcome of investments in multi-billion dollar projects, and to ensure competitive performance has become a critical differentiator in financial performance.

Overheated market conditions, resource constraints, limited resources, and Sarbanes Oxley disclosure requirements make these governance challenges greater still. For many organizations, the Value at Risk in their capital project portfolio (CAPEX VaR^TM) highlights the importance of predictability and performance.

Since 1978, Westney Consulting Group has been providing owners and contractors with methodologies and services to reduce the cost and risk of capital projects.