Division One: Risk Management

-RISK MANAGEMENT

The DIVISION ONE Risk Management services follow a systems approach that allows for the early detection of project risk factors and includes the methods, tools and resources necessary to manage and mitigate potentially harmful issues.

Risk Assessment
Risk Assessment ensures that contractors are alerted early in the construction process of the challenges facing each key project, providing for a better understanding of the overall risks you are susceptible to.

Contract Review
Contract review encompasses a review and evaluation of the contract for provisions that are inequitable and which shift undue burden to contractors.

Contract Development
Contract Development ensures that appropriate changes, including alternate language are proposed and negotiated to replace any risk-shifting provisions in the contract.

DIVISION ONE develops contractor specific tools and techniques allowing for the systematic identification and mitigation of potential risk to project profitability.

Risk Matrix
Developing customized Matrices of Project Risk Factors to measure and quantify risk exposure based on:

Project type
Contract form / provisions,
Scope definition / growth potential,
Schedule requirements,
Design development, and
Owner considerations.

Issue Resolution
Providing resources and experience to mitigate the impact of critical issues that threaten overall project profitability.

Contract positioning of key issues protect you from increased liability and improve recovery of costs.
Presentation and negotiation of key change order requests, such as; project delays, specification interpretation, design/build issues, lost productivity, increased general conditions, and acceleration.

Even the best contractors can be threatened by one bad project.

Gaining meaningful insight into project performance is the first step in preventing potential fee erosion.