Readiness assurance for capital projects

Know your start-up risk before you commit capital.

Turner Capital Projects gives lenders, insurers and owners independent, evidence-based findings on whether a capital project will reach commercial operation when the finance case says it will, and what would close the gap if it won't.

ICxA sets the standard. TCP implements it.Led by Paul Turner, P.Eng, PMP25 years: aerospace, HVDC, hydro, water$5.2B HVDC megaproject experience

Major projects finish. Too few succeed.

Projects are declared complete when the milestones are hit, the assets are built and the contracts are closed.

Success is measured by something else:

  • Systems that perform as intended
  • Operations that start safely and smoothly
  • Outcomes that justify the investment

The gap between the two shows up long before commissioning, as readiness that was never demonstrated along the way.

What most projects doChart: readiness maturity is not demonstrated through the front end or construction, then late recognition and a compressed push at commissioning leave the project short of an operations-ready state.
Readiness attempted at the end. Nothing demonstrates that readiness is maturing until commissioning, when a compressed push tries to make up the gap. That is where start-up delay is created.
What successful projects doChart: readiness maturity starts low and rises with evidence at each stage, proving the path, the progression and the condition, until the asset is ready for operations.
Readiness demonstrated all the way through. Prove the path early, prove the progression in the middle, and prove the condition at the end. Readiness maturity starts in its infancy and matures over time; the evidence shows which path a project is on.
Readiness Maturity Assessment

A snapshot at financial close, then monitoring to operation

Financial close is where the risk is priced. The assessment reads the evidence already in the data room to show which path a project is on, before capital is committed and before policies are underwritten. Monitoring then confirms that readiness maturity keeps progressing through each stage to commercial operation. Every finding rests on the project's own documents.

EARLY

Prove the path

FEED and engineering: completion, testing and handover defined, owned and scheduled.

MIDDLE

Prove the progression

Construction: evidence that readiness is maturing, not waiting for the end.

LATE

Prove the condition

Commissioning and operations: ready for energization, takeover and commercial operation.

Where we work

Data center power

Grid interconnection through integrated systems testing and energization, for hyperscale, colocation and AI campus loads.

Power generation & transmission

HVDC, hydroelectric, converter stations, switchyards and synchronous condensers.

Industrial & energy facilities

Process plants and energy infrastructure where systems must start together the first time.

Water & public infrastructure

Treatment, regulated assets and publicly accountable programs.

Ways to work with TCP

Readiness Maturity Assessment

An independent snapshot at financial close of whether a project is ready to be ready, for lenders, insurers and sponsors preparing for close.

Readiness Maturity Assessment →

Readiness Monitoring

Repeat snapshots at key milestones against the baseline set at close, so lenders and insurers see whether readiness maturity keeps progressing to commercial operation.

How monitoring works →

Readiness Capability Program

For owners and operating organizations: build the processes that grow readiness maturity from the front end, so projects are ready to operate by design.

Readiness Capability Program →

Training

Programs aligned with ICxA standards that build the capability to plan, run and prove readiness inside project teams.

Training →