We are the thought leaders in Risk Management.
We manage the uncertain.
Contract Risk Management
Contracts are a frequent blind spot for busy executives or project managers. While basic contract risk management is almost always done prior to engaging into any commercial activity in a professional world.
Present environment and the demands of highly competitive market together with complex relationships governed by financial and legal imperatives require stronger and stronger attention. Light treatment may only lead to problems at a latter stage making their reversal difficult or purely impossible.And the consequences of such carelessness or ‘would and ‘could’ attitude can be profound ranging from reporting or operational risk and ending up on project failure, large disputes and severe reputational damage. The latter may even to contribute to business crash.
Our team of specialists can definitely help you with the above and introduce a structured and transparent audit aimed at:
• Modification of Standard Form of Contracts and bespoke contracts to de-risk project deliver and protect your financial interests
• Creation of emergency protocols and processes should the contract be insufficient in protecting your organisation
• Generating a list of contractual risks facesd by your entity together with proposing a range of mitigation actions aimed at present and the future
• Changing the internal or project processes and procedures to ensure the so called optimised compliance
• Saving you time and expense related with late payments, lack of payments, ineffective labourCONTACT US