Opportunity

The best time to minimize risk on a project is before the project begins.  Identifying risks, issues and contractual defects early is the most effective strategy.

You and your organization have significant assets in the contractual obligations of your agreements.  Insight into performance allows you to manage resources better, improve project processes, and minimize risk.

As an asset, you expect to receive the full value of your contracts with minimal leakage. With insight into your contracts, you will be able to maximize your efforts and expenditures.

In many instances, lost contract value is not identified and even if it is, you may be unsure what to do about it.  Learn what steps you can take close the contract value leakage gap.

Sometimes, a contractual relationship may expose you to unnecessary risk which devalues your contracts.  Address those risks before they materialize.

Taxpayers and financial stakeholders deserve their dollars to be used effectively and efficiently.  Ultimately, it is their money being spent and they expect full value of their dollars in the form of useful, government services.  We all desire protecting the value of their investment.

Both vendors and customers need to be accountable for their spending and performance. Vendors are hired and paid large sums of money for their expertise.  If a vendor proposed certain work at a certain quality, it is only right they fulfill their obligation.  Likewise, customers need to fulfill their obligations and provide a work environment and resources that lead to a successful proejct.

The knowledge and expertise required to to review and assess project activities; to identify project, technical, contract, and legal risk; to develop mitigation strategies for those risks; to manage improvement; and to provide legal advice, requires unique experience that is typically found across multiple roles making it a challenge to effectively assess contract value leakage and overall project health.  Utilizing a central resource with this knowledge results in actionable value quickly.

Many projects do not have the luxury of having contract, legal, technology and managerial experts available on-hand to provide that specific combination of experience which makes it a challenge to prevent contract value leakage.  Utilizing a central resource with this expertise can be nimbly deployed to any project at any time.

Heavily resourced projects that do have access to contract, legal, technology and managerial experts are challenged as it requires effective knowledge sharing, communication and collaboration.  The lack of processes and communication channels reduce the effectiveness to identify contract value leakage.  Utilizing a central resource eliminates this challenge and the Project can focus on implementing impactful improvements.