- risk mitigation process- by prajesh
TRANSCRIPT
RISK MITIGATION PROCESS by Prajesh
Over promising System Failure Inadequate specification Budget blowouts Changes to key persons Supplier Capture Delays Supplier failure Conclusion
Topic Overview
Over promising possible mitigation Project manager would be involved in contract negotiation
to keep a check on sales We commit to all the personnel are qualified We have experience and certified
Topic Overview
Inadequate specification Ensure that there is flow of relevant information which will
enable us to propose a alternate solution Customer / Consultant verifies technically Following above steps both parties ensure that the BOQ
is accurately reflects understanding of the deliverables
Topic Overview
Budget blowouts Customer identifies key requirement's in advance and
does not change unless necessary Where ever possible we supply fixed prices Appropriate pricing principle
Topic Overview
System failure There would be clear understanding of required
acceptance testing process Requirement's for remedying any failures are clear,
including appropriate allowances made for the time frame and consequences
Topic Overview
Changes to key persons Appropriate key personnel's provisions covering
availability, accessibility and specific roles that are to be performed by particular individuals
We are providing escalation matrix incase one personal is non available or not reachable
Topic Overview
Supplier Capture Future repairs and up gradation could be addressed by
intellectual property and knowledge transfer would be done for any customized work
Option of AMC is offered from our side in two variants A) Comprehensive B) Non comprehensive Requirements for operations, manuals would be available
Topic Overview
Delays Detailed Gantt chart is provided setting out clear
milestones and inter dependencies Project Milestones should be linked to payment structure Also be prepared for unavoidable delays
Topic Overview
Supplier failure Our ability to secure all materials from our US counterpart
and perhaps bank guarantee Cash fix option available for alternate OEM makes with
same functionality
Topic Overview
Conclusion We can assist with risk analysis for any specific AV
related policy
Topic Overview
System Failure Inadequate specification Budget blowouts Changes to key persons Supplier Capture Delays Supplier failure Conclusion
Topic Overview
IDENTIFYING AV VENDOR PROBLEM
18 years
10000 Installatio
n's
Mumbai Pune Bangalore
Skill sets
Hyderabad Delhi and Kolkotta
Fortune 500
Clients
Chennai
Identify AV Vendor- Problem with the Decision Tree
MAJOR PROJECTS:
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