Solving the project overrun problem
Join us on a scrolling odyssey to find out why nPlan was founded - and learn about what we've achieved to date
6 out of every 7 large-scale construction projects are delivered late
The average project takes 43% longer than planned
1 in 10 delayed projects are completed more than 365 days later than planned
6 out of every 7 large-scale construction projects are delivered late
The average project takes 43% longer than planned
1 in 10 delayed projects are completed more than 365 days later than planned
So what’s going wrong?
Complex project schedules — comprising tens of thousands of activities and thousands of milestones
Combined with the inescapable cognitive and behavioural biases which are part of the story of humankind's evolution.
Availability bias
Optimism bias
Salience bias
These biases make it extremely hard for project teams to...
Mitigate risks they haven’t experienced in the recent past
Forecast projects accurately or effectively mitigate known risks
Notice ‘boring’ risks
Leading to...
Key milestones missed again and again
Contracting and baselining exercises undermined
Unexpected delays materialise without warning
Overheads and time bound costs spiral
Business case for project is weakened or collapses
Contractor's profit margin squeezed or lost entirely
Owner-operator's business is devalued
Trust between contractor and owner-operator breaks down
Legal issues ensure with liquidated damaged awarded
Reputational damage makes it hard for contractor to win work and owner to invest in new projects
Enter nPlan
In 2017, nPlan was founded to solve this problem. nPlan's founders believed that AI and 'big data' could be used to model and forecast large-scale construction projects much more accurately than traditional methods allowed...
To prove out its hypothesis, nPlan began assembling a dataset of past project schedules.
nPlan Co-founders Dev Amratia and Alan Mosca met through Entrepreneur First and are pictured here with an early version of the company's logo.
nPlan raised its seed round, and articulated its vision to build a world where our ambitions are no longer limited by our understand of risk. Some of the world's biggest project owners pilot nPlan's early platform.
nPlan is awarded Risk Management Product of the Year in the CIR Risk Management Awards 🏆
The nPlan team enjoy a rare in-person meet-up in July 2020 (following the first Covid-19 lockdown)
With our roster of clients and dataset continuing to grow (and our technology evolving) we raised Series A funding of $18.5m with a round led by GV
Fast forward to today: nPlan's dataset of past project schedules is comprised of over
750,000 programmes
and growing
And the world's biggest owner-operators and contractors are using nPlan's original machine learning-powered technology AND its project controls AI assistant Barry to forecast and de-risk their projects like never before
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Company leadership
The buck stops with them.
Dev Amratia
Dev worked at Shell for 9 years as a Project Manager on Flagship Capital Projects, generating a wealth of technical and commercial experience across a variety of strategic projects in the Energy Industry. Author of the UK Government AI Review (2017) alongside Prof. Dame Wendy Hall and Jerome Pesenti. Dev holds an MEng in Aerospace Engineering, and CEng (CharteredEngineer) from the Institute of Mechanical Engineers.
Alan Mosca
Alan spent 7 years as a technologist in quantitative finance, implementing live trading strategies, quotefeed systems, trading engines, writing tools for research and automating front-office tasks. Alan has extensive experience in algorithm design and software engineering, and holds a BEng in ComputerEngineering, MSc in Computer Science, and is nearing a PhD in deep learning
Sarah Grisman
Sarah has a background in Operations with the world's finest art, and holds a CIPD Level 5 diploma in HR. She worked for Christie's and commercial art galleries, after studying Classics at Oxford and attaining Masters degrees in Art Conservation and History of Art.
Nick Williams
Nick has spent the last 8 years driving value in the capital projects community through enterprise project portfolio management technology.
Julieta Suarez Ruiz de Huidobro
Julieta has a degree in Computer Systems Engineering and over a decade of experience building and running high performance engineering and product development teams in a variety of industries. In the last couple of years she has focused on the challenges of transitioning start-ups to scale-ups and the use of technology, including AI, to unlock business value.
Leonie Mueck
Leonie loves turning cutting technologies into products. Before joining nPlan, she was Chief Product Officer at quantum computing scale-up Riverlane. Prior to that, she pursued a career in scientific publishing, first as physics editor at the journal Nature and later at Open Access publisher PLOS where she built a physical sciences and engineering division. She holds a PhD in quantum chemistry.
Our advisors
The brilliant people advising nPlan. They're always in our corner.
Yael Grushka-Cockayne
Yael is a Senior Associate Dean at the University of Virginia, focusing on decision analysis, forecasting and project management. She was named one of “21 Thought-Leader Professors” in data science in 2014.
Yarin Gal
Yarin is an Associate Professor of Machine Learning at the University of Oxford's Computer Science department, and is head of the Oxford Applied and Theoretical Machine Learning Group. He is also a Fellow of the Alan Turing Institute.
Geoff Smethills
Geoff worked for 36 years at Shell, having worked up to senior roles from starting as a sixteen year old apprentice. He is an experienced Project Director and a Fellow of the Association for Project Management.
John Hollman
John is owner of Validation Estimating LLC, the author of “Project Risk Quantification” (2016), and the lead author of AACE® International’s TCM Framework (2006). He works with capital program managers and project leaders in a variety of industries to improve their cost engineering with a focus on estimating and risk quantification. He is an Honorary Life Member of AACE®, and recipient of their Award of Merit and Lifetime Achievement Awards. Prior to consulting, Mr. Hollmann led cost engineering metrics and research efforts at Independent Project Analysis, Inc. That followed a hands-on career in mining engineering.
Contact us
Quiz us about AI-led forecasting and risk management, help us understand the dynamics of your project, or get a demo of one of our products 👍
Address
UK
133 Whitechapel High Street, London, E1 7PT
AUS
360 Kent St, Sydney, NSW 2000
