In the utilities industry, investment in capital programmes to create and maintain infrastructure is ongoing, with the added consideration of an increased number of environmental targets. This is coupled with ever increasing levels of demand from the growing UK population.
Some of the challenges in the electricity sector have been the move towards the generation of renewable energy and the connection of these sources to the national grid while the water and sewage sectors have been focused on improving the overall quality of water through improvements to infrastructure. The gas sector has faced the migration from North Sea reserves to LPG, which requires the network to be modernised to enable this to be delivered to customers.
The programmes to meet these challenges can incorporate large major projects and a series of smaller projects, with the management of information always key. Inconsistent reporting, risk and cost can often cause these projects to fail or to deliver a lower return on investment than anticipated and result in a large amount of time spent on administration.
Imprest can help to prevent this with its risk management and financial modules which enable project and programme managers to have control over risks and its reporting modules which gives access to accurate and consistent information.
Imprest can help to ensure that the programmes and projects are completed on time and on budget and cause minimal disruption.