- Home
- Companies
- Environmental Risk Communications, Inc. ...
- Services
- ERCI - Remedy Defender
ERCI - Remedy Defender
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.
- 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
