Remedy Defender®
Key Benefits
- Project managers think like business unit managers
- Sites are also contingent liabilities, not just projects
- Strategies have alternatives
- Internal management should create measurable value over outsourcing
- Strategic consistency among similar projects
- Similar liabilities managed in similar ways
- Cost benchmarks for similar statements of work
- Future liabilities managed like current liabilities
- Reproducible cost ranges
- Costs may be estimated for "unreserved" scenarios (FASB 5)
- Risks may be shared with contractors, property developers
Remedy Defender is designed to enable the efficient and accurate pricing and management
of environmental liabilities. It allows for probabilistic cost estimating, reserve
forecasting, decision analysis, and peer review on single sites as well as subportfolios
of sites.
Through interviews with key stakeholders, financial managers, legal teams, and environmental
consultants we gather a significant amount of information about environmental remediation
spending forecasts and capture it within the Defender software. The information
we collect includes a comprehensive business plan for each site comprised of site
location, project manager, site objectives, environmental consultant, regulator,
driving forces, strategic alternatives, detailed cost estimates of environmental
remediation spending, and a net present value comparison of scenarios.
Our licensed software solutions, such as Remedy Defender, are sold inclusive of customized user manuals
and software templates, annual onsite and / or offsite user training sessions (including
auditor orientation and training as needed), user support, and software / file maintenance.