Quantum and Sinohydro sign Strategic Cooperation Agreement

Quantum and Sinohydro sign Strategic Cooperation Agreement

Quantum Global Solutions (Quantum) and Sinohydro Corporation (Sinohydro) proudly announce the signing of a Strategic Cooperation Agreement at the 8th International Infrastructure Investment and Construction Forum (IIICF) held in Macau. (Pictured from left: Sinohydro – Zhang Guodong, Deputy Director, Tianfu Yang – Chief Financial Officer – CFO, Quantum – Peter Murphy, Managing Director and Matthew Schofield, Executive Director). The Agreement between Quantum and Sinohydro creates a fully comprehensive construction consultancy solution that offers both parties the opportunity to focus on their individual areas of expertise while enhancing the overall service offering to current and future Sinohydro clients. ‘’Our business models align perfectly to create a long-term mutually beneficial strategic cooperation agreement’’ said Peter Murphy, Quantum Managing Director. ‘’Sinohydro is an internationally renowned contractor and a driving force behind China’s economic development. With their global portfolio of operations across engineering projects, power developments, transport infrastructure and civil works and Quantum’s experience working with major contractors ensuring potential disputes associated with mega-projects are avoided, or amicably resolved, we believe that together we can offer a unique solutions-based philosophy and substantial benefits to Sinohydro’s valued clients.’’ In reply, Sinohydro’s CFO, Tianfu Yang said, “Sinohydro is proud to announce our partnership with Quantum Global Solutions. Quantum is a leader in the construction consultancy industry and offer our organisation a wide range of services including Contractual and Commercial Consultancy, Planning, Commercial Claims and Dispute Resolution. With Quantum’s highly experienced UK qualified team of experts our agreement also includes knowledge sharing, training and consultancy support for the myriad of international projects we currently manage in over 80 countries.’’ About Quantum Global Solutions Quantum Global Solutions...
What is a Risk…?

What is a Risk…?

Last month we talked about “The Right Order”, placing our requirements and ensuring each piece of the jigsaw is delivered in the right sequence, but placing our requirements and delivering in the right sequence has pitfalls.  In basic terms these pitfalls are risks, but understanding what is risk and how we control risk is a different story altogether. The Oxford Dictionary defines risk as: A situation involving exposure to danger; and The possibility that something unpleasant or unwelcome will happen. Last month we discussed how we placed an order for a lovely steak dinner, obviously the steak needs to be cooked, this involves heat (a lot of heat) and to cook the steak to perfection the chef would use scalding hot oil and butter, how will the chef avoid being burnt, what are the risks … and how do we control them? So cooking a steak, with hot oil on a hot stove, is definitely a risk. In everyday life we go about our business, we get out of bed, we shower and dress, most get in to cars, trains or buses and go to work.  At work we start a normal work day; completing tasks and attending meetings, until it is time to go home.  We then travel home and spend the evening with family or friends, before we go to bed and start the day again.  What risks do we face each day? Do we know the risks and deal with them? Or, do we just not have a care in the world? Take driving a car for example, many countries provide cheaper car insurance if the...
Quantum Dubai’s Junavie Mumar appointed Lighthouse Club Administrator

Quantum Dubai’s Junavie Mumar appointed Lighthouse Club Administrator

Making time for community and knowledge sharing activities is an integral element in Quantum’s corporate philosophy.  Quantum is therefore proud to announce the appointment of Junavie Mumar, as Committee Administrator for the Lighthouse Club Dubai. The Lighthouse Club Dubai is a social networking venue for people in the construction industry based in Dubai.  Local events include the monthly social event at Doha Offshore Sailing Club, the Curry Club and other activities such as golf days which are organised to promote networking opportunities, recruitment and encourage team work and support, for people and organisations in the construction sector. In highlighting Junavie’s commitment to the community, Ian Maund – Quantum Regional Director UAE said, ‘’Despite her recent relocation from Doha to Dubai and a hectic work schedule, Junavie (pictured with Derek King, Chairman Lighthouse Club Dubai) still makes time to help others in our community.  With her strong administrative skills and proactive nature, we are particularly pleased that the Lighthouse Club Organising Committee has appointed Junavie as their new Administrator.  I know she will work extremely hard to support the organisation and its...
Quantum participates at 8th IIICF in Macau

Quantum participates at 8th IIICF in Macau

Quantum Global Solutions (Quantum) have confirmed their participation at the 8th International Infrastructure Investment and Construction Forum (IIICF) (http://en.iiicf.org/) to be held at the Venetian Hotel, Macau on the 1st and 2nd of June 2017. Founded in 2010 by the China International Construction Association (CHINCA) with the approval of the Chinese Ministry of Commerce, the IIICF is an international forum focusing on the investment and construction of infrastructure projects with over 8,000 attendees from 100 countries attending previous events. Confirming Quantum’s attendance Managing Director, Peter Murphy said, ‘‘Chinese construction contractors are responsible for developing some of the most ambitious multi-million dollar construction projects being undertaken in China and around the world.  The recent ‘Belt and Road’ international conference in May was attended by 29 state leaders and more than 1,000 foreign government representatives.  Previously known as “One Belt, One Road”, the initiative is being spearheaded by the Chinese government to improve trade and economic integration across Asia, Europe, and Africa. The strategy uses free-trade agreements and infrastructure projects – including roads, ports and railways – to create a modern Silk Road spanning some 65 countries, which have a combined gross domestic product (GDP) of US$21 trillion. It includes both an economic land “belt” through Eurasia, and a maritime “road” to connect coastal Chinese cities to Africa and the Mediterranean. Our attendance at IIICR consolidates our commitment to expanding our services and supporting our Chinese partners opening new offices to meet the requirements of existing and future clients working globally. We welcome all attendees of IIICR to visit our stand number 5 to learn about Quantum’s unique services and meet our executive team...
Quantum attends EPC Contract & Risk Management Summit

Quantum attends EPC Contract & Risk Management Summit

Quantum’s Executive Director, Matthew Schofield, Finance Director Rajesh Singh and Associate Director, Natalie Findlay recently attended the Engineering, Procurement & Construction (EPC) Contract & Risk Management Summit 2017, which took place in Mumbai, India. Recent studies predict the EPC market in India to grow at a compound annual growth rate (CAGR) of 20.26% from 2014-2019. The “Make in India” initiative is one of the many initiatives which is driving enormous growth in the Indian EPC sector. Quantum proudly sponsored the two-day event as the Gold Partner, which provided an opportunity for Quantum to understand how EPC, Contracts and Risk Management practices are managed on projects in India.  The presentation included presentations on devising clear strategies for managing and negotiating EPC contracts, addressing the challenges of delivering a mega project, contract pricing strategies, role of the consulting engineer, legal issues and balancing risks arising with sub-contracts. Matthew Schofield who presented ‘Risk Management in Construction’, at the summit, stated, “The Indian construction industry is an integral part of India’s economy. The construction sector employs over 31 million people and accounts for approximately 7% of GDP, and after agriculture is the largest employment sector in the country. The construction industry has been growing at over 10% per annum. The total market value of commercial and retail estate projects currently under construction in India is approximately US$ 44 billion.” Natalie Findlay stated, “Quantum is strongly committed to participating in major events which provides an opportunity not only to network with key industry leaders, but also to listen and learn how India delivers its projects. It is important for Quantum to participate in sharing knowledge,...
Rob Valenta presents Quantum Digital to Paris audience

Rob Valenta presents Quantum Digital to Paris audience

With the ever growing desire to encourage construction negotiations and amicable settlements and avoid expensive and protracted disputes, Quantum Digital’s Creative Director, Rob Valenta, was recently invited to Paris by Degrémont a subsidiary of Suez Environment to make a presentation to construction and legal professionals on the use of multi-media in resolving construction disputes without conflict In his presentation, entitled, ‘CSI meets Construction’, Rob showcased a wide range of media projects and production disciplines. These included accurate and to scale 3d CAD modelling, 3d animated construction sequences, forensic claim movies, interactive multimedia presentations and printing visualisations, which can be used for negotiations, mediations, arbitrations, court or tender submissions. One of the key highlights of the presentation was a case study on the T3 Highway Project in Hong Kong. For this project, Quantum Digital produced a 12 minute forensic claim movie that was used in court, where the client secured a final settlement within six weeks. A unique element of this case was the hands-on involvement of one of the UK’s top construction barristers.  This experience in particular caught the audience’s interest – a construction barrister, more or less, directing a successful forensic claim movie alongside Rob and his team. Speaking after the presentation, Rob Valenta said, “It is tempting to say, ‘A picture is worth a 1000 words’.  However, there is a lot more complexity to Quantum Digital’s forensic graphics and animations, as they focus on visual psychology, design methodology and cinematography, linking human emotion and responses – a key factor in decision making.  Our graphics are truly unique but for many people it’s still a relatively new medium. ...