SHA Analytics, LLC has been selected by Los Angeles World Airports (LAWA) to assist in the development and implementation of a program-level contingency and risk assessment framework for LAWA’s upcoming capital budget for Los Angeles International Airport (LAX). LAX has one of the largest modernization programs of major U.S. airports over the next ten years.¹
SHA Analytics, LLC will assist LAWA in developing a programmatic approach to contingency budgeting that accounts for the varied nature of the individual projects within the capital budget. In addition to developing this risk-based approach, SHA Analytics, LLC will develop a capital budget contingency management tool to be used by LAWA to set initial contingency budgets and to manage contingency requirements during the implementation of the capital budget.
¹ - Cameron, Doug, and Patrick McGroarty. “Airlines Know You Hate the Airport, and Are Trying to Do Something About It.” The Wall Street Journal, Dow Jones & Company, 11 Apr. 2018, www.wsj.com/articles/airlines-know-you-hate-the-airport-and-are-trying-to-do-something-about-it-1523479889.