Independent Project Assurance & FEL Reviews

Independent Project Assurance & FEL Reviews

This service provides an independent, objective opinion on whether a capital project is sufficiently defined, governed, and prepared to proceed at key investment decision points. Unlike contract-focused advisory, this service evaluates the project as a whole, its technical maturity, governance, execution readiness, and risk exposure, supporting confident go / no-go decisions.

WHAT THIS SERVICE IS ABOUT

Independent Readiness Assessment at Critical Decision Gates

PSR’s Independent Project Assurance & FEL Reviews are designed to support owners, sponsors, and governance bodies by validating project readiness across Front-End Loading (FEL) stages. The service is independent of execution responsibility, providing a “cold-eye” review of definition quality, decision discipline, and exposure before capital commitments are made.

WHAT IS ASSESSED

The review focuses on:

  • Technical scope definition and maturity
  • Cost and schedule robustness
  • Governance structure and decision controls
  • Execution and delivery strategy readiness
  • Risk identification and exposure

Findings are framed to support investment confidence and governance accountability.

SCOPE OF SERVICES

PSR typically supports:

  • FEL 1, FEL 2, and FEL 3 readiness reviews
  • Stage-gate assurance and decision-gate support
  • Business case validation
  • Execution readiness and delivery strategy assessment

All reviews are aligned with FEL and capital governance timing.

RELATIONSHIP TO CONTRACTUAL RISK ADVISORY

While contractual risks may be referenced as part of overall project readiness:

  • This service does not perform detailed contract strategy or clause development
  • Contractual risk engineering is addressed under Front-End Contract Strategy & Contractual Risk Engineering

This maintains independence and clarity of scope.

TYPICAL OUTCOMES

Clients typically achieve:

  • Improved decision quality at investment gates
  • Early identification of execution and governance gaps
  • Reduced the likelihood of late-stage rework and value erosion

WHO THIS SERVICE IS FOR

  • Project owners and developers
  • Sponsors and steering committees
  • Capital governance and assurance teams
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FAQ

General Question

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