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:

Question & Answer…

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