The Challenge

An industrial engineering company with infrastructure projects exceeding 50 million EUR was facing chronic budget overruns of 15–20% during execution phases. The lack of an integrated capital cost evaluation system led to financial decisions based on incomplete estimates.

The Approach

We implemented a financial audit framework based on technical risk management and life-cycle cost analysis. Our team reviewed over 120 cost sheets, identified 8 critical risk areas, and proposed a predictive model for maintenance budgets.

• → Detailed analysis of direct and indirect costs
• → Identification of hidden technical risks
• → Model for optimizing maintenance budgets

Implementation

We developed a set of digital financial reporting tools integrated with existing ERP systems. Staff training lasted 4 weeks, and capital cost evaluation processes were standardized according to industry best practices.

The Result

Reduction of budget overruns to under 5% within the first 6 months, savings of 3.2 million EUR, and a 40% increase in the accuracy of financial estimates. The company adopted the model as an internal standard for all infrastructure projects.