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Project preparation

Good preparation ensures not only efficiency but success in processing any project.

Project preparation is the process from when an idea is born until the arrangement of the idea is fully formed and ready for implementation.

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We start at the beginning

At the beginning, goals are set, which can usually be divided into production goals, that is, quantity and quality, cost goals – i.e. initial costs, operating costs and profitability – and project period goals.

The preparation begins with the definition of the subjects and work processes that are necessary to achieve the set goals. The preparation process is often divided into stages, and the continuation is then determined by a status check after each stage. The extent of the preparation depends greatly on the size of the project and the requirements for the accuracy of the plans.

Verkís’ tasks during the preparation stage can be individual aspects of the preparation, for example the development of ideas, cost estimates, project plans, risk analysis, impact assessment, profitability assessment, tenders, project contracts, and procurement, but also design management or overall supervision of the entire preparation of the project.

Preparation begins with the definition of the elements needed to achieve the set goal, but good preparation is worth its weight in gold.


Contacts

Susanne Freuler
Team Leader - Project Controls
Division: Industry
suf@verkis.is


Project preparation Solutions

Verkís provides project preparation services that transform ideas into well-defined, feasible and strategically planned projects, reducing risks and supporting successful implementation.


Exstensive Geothermal Energy Solutions


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We provide project preparation services that establish a strong foundation for successful project delivery. Our specialists help clients define objectives, evaluate opportunities and develop structured plans that support informed decisions before implementation begins.


We carry out feasibility studies, cost estimates, risk assessments and project planning to evaluate technical, financial and environmental considerations. By identifying key requirements and potential challenges early, we help reduce uncertainty and create a clear path for project development.


We support clients throughout the preparation phase with procurement planning, design management and stakeholder coordination as required. By combining multidisciplinary expertise with practical project experience, we deliver well-prepared, realistic and efficient project strategies that improve outcomes throughout the project lifecycle.


Project Development and Preparation

Verkís supports clients during the project preparation phase through strategic planning, feasibility assessments, cost estimation, risk management, and project development. Our specialists help establish clear objectives, evaluate alternatives, and create a strong foundation for efficient decision-making and successful project delivery.


We manage the development and preparation of project ideas, helping to define objectives, evaluate opportunities, and create a strong foundation for successful project implementation.


We prepare cost estimates, project plans, and financing plans to support informed decision-making, effective budgeting, and successful project development.


We provide design management services that coordinate design activities, align project requirements, and support efficient collaboration throughout the design process.


We conduct risk analyses to identify potential challenges and uncertainties, supporting informed decision-making and successful project development.


We assess project profitability to support investment decisions, evaluate financial viability, and identify opportunities to maximise long-term value and returns.


We support tendering and construction contracts by preparing procurement documentation, managing tender processes, and helping ensure clear contractual arrangements and successful project delivery.


We provide environmental assessments and advisory services to help identify environmental impacts, support regulatory compliance, and promote sustainable project development.


We conduct environmental impact assessments to evaluate potential effects of projects on the environment, support informed decision-making, and promote sustainable development.



Explore Our Project preparation Projects

Verkís provides project preparation services that help transform ideas into well-defined, feasible, and deliverable projects. Our specialists support project development through planning, feasibility studies, cost estimation, risk analysis, financing strategies, environmental assessments, and stakeholder coordination, creating a strong foundation for informed decision-making and successful project execution.