Strategic Advisory
We provide services in the following areas:
- Feasibility Studies – Feasibility studies evaluate the practicality and viability of proposed projects, considering aspects like market demand, technical feasibility, financial viability, regulatory compliance, environmental impact, and organizational capacity. Their aim is to determine if a project is achievable, sustainable, and economically viable, helping stakeholders make informed decisions.
- Organizational & Project Strategies – Organizational and project strategies involve planning and executing initiatives to achieve specific goals within an organization. Organizational strategy sets the overall direction and priorities, while project strategy focuses on planning and managing individual initiatives to deliver desired outcomes. Both strategies are aligned to ensure the organization’s success and competitive advantage.
- Asset Investment Justifications – Asset investment justifications provide a rationale for proposed investments in assets by outlining their purpose, scope, analysis, justification, alternatives, supporting documentation, approval process, and monitoring and evaluation. They ensure informed decision-making, resource allocation, and alignment with organizational goals.
- Stakeholder Engagement Planning – Stakeholder engagement planning involves identifying, analyzing, and engaging with stakeholders throughout a project. Objectives are defined, communication channels determined, responsibilities assigned, and feedback mechanisms established. Flexibility and evaluation ensure effective interaction, leading to stakeholder satisfaction and project success.
- Economic Development & Action Plans – Economic development and action plans are strategic roadmaps that outline initiatives to foster growth, job creation, and prosperity within a region or community. They involve assessing the current economic landscape, setting goals and objectives, developing strategies and action steps, engaging stakeholders, monitoring progress, and adapting plans as needed to achieve sustainable growth and improve quality of life.
- Municipal Growth Strategies – Municipal growth strategies are plans created by local governments to guide sustainable development and expansion. They involve assessing community strengths and weaknesses, setting goals, planning land use and infrastructure, fostering economic development, engaging stakeholders, promoting sustainability, and implementing and monitoring initiatives to achieve the community’s vision for the future.
- Stakeholder Engagement Planning – Stakeholder engagement planning involves identifying, analyzing, and engaging with stakeholders throughout a project. Objectives are defined, communication channels determined, responsibilities assigned, and feedback mechanisms established. Flexibility and evaluation ensure effective interaction, leading to stakeholder satisfaction and project success.
- Economic Development & Action Plans – Economic development and action plans are strategic roadmaps that outline initiatives to foster growth, job creation, and prosperity within a region or community. They involve assessing the current economic landscape, setting goals and objectives, developing strategies and action steps, engaging stakeholders, monitoring progress, and adapting plans as needed to achieve sustainable growth and improve quality of life.
- Municipal Growth Strategies – Municipal growth strategies are plans created by local governments to guide sustainable development and expansion. They involve assessing community strengths and weaknesses, setting goals, planning land use and infrastructure, fostering economic development, engaging stakeholders, promoting sustainability, and implementing and monitoring initiatives to achieve the community’s vision for the future.
FAQ’s
Your Go-To Resource for Answers
Q1) Why is sustainability important in asset management?
A1) Sustainable asset management aims to maximize physical asset performance while reducing environmental effects and guaranteeing a favourable social impact.
Q2) What is a net-zero / GHG reduction feasibility study?
A2) This type of study assesses the feasibility of supporting near-term and long-term projects that reduce energy and GHG emissions while also extending the asset life and reducing the cost of ownership. Applying a GHG reduction feasibility study will reduce your carbon footprint, thereby directly and indirectly reducing GHG emissions.
Q3) Is municipal funding available for municipal sustainability funding?
A3) Yes. Government grants enable the identification of measures to be addressed in a GHG reduction pathway retrofit capital project. Studies will consider the unique objectives and constraints of the asset owner (e.g., building condition, capital budgets, equipment renewal cycles, etc.) and provide a detailed exploration of multiple optimization scenarios. Please visit www.greenmunicipalfund.ca for more information on specific GHG grants for municipalities.
Q4) Is there funding available for asset management programs?
A4) Yes. Infrastructure Canada, with the Federation of Canadian Municipalities (FCM), initiated the Municipal Asset Management Program (MAMP). This program was designed to help Canadian municipalities make informed infrastructure investment decisions based on sound asset management practices. It is an eight-year, $110-million dollar funding program. Please visit www.fcm.ca for more information on the MAMP program.