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RISK ASSESSMENT Identify, Assess and Control risks quickly and efficiently with BDC risk reports BDC’s Updated Risk Assessment Reports Copyright © 2010 Butterfield Development Consultants Ltd. Simple coded risk levels Comparative contingencies Project specific

RISK ASSESSMENT Identify, Assess and Control risks quickly and efficiently with BDC risk reports BDC’s Updated Risk Assessment Reports Copyright © 2010

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Page 1: RISK ASSESSMENT Identify, Assess and Control risks quickly and efficiently with BDC risk reports BDC’s Updated Risk Assessment Reports Copyright © 2010

RISK ASSESSMENT

Identify, Assess and Control risks quickly and efficientlywith BDC risk reports

BDC’s Updated Risk Assessment Reports

Copyright © 2010 Butterfield Development Consultants Ltd.

• Simple coded risk levels• Comparative contingencies• Project specific comments

Page 2: RISK ASSESSMENT Identify, Assess and Control risks quickly and efficiently with BDC risk reports BDC’s Updated Risk Assessment Reports Copyright © 2010

Introduction to BDC Risk Mitigation ServicesButterfield Development Consultants 2010

The role of the Cost Consultant, is to advise lenders on the adequacy ofbudgets, initially and throughout construction. BDC’s mission is to continuallyimprove the process, reducing the risk and challenges facing lenders.

Page 3: RISK ASSESSMENT Identify, Assess and Control risks quickly and efficiently with BDC risk reports BDC’s Updated Risk Assessment Reports Copyright © 2010

Risk Mitigation ServicesAt the budget review stage, each budget component will be analysed in terms of it’s risk. Recommendations will be made to reduce this risk and quantify potential increases.Throughout the monitoring period components will be re-assessed and re-quantified. Reports will be prepared at each stage clearly identifying components at greater potentialrisk and actions being taken.

Page 4: RISK ASSESSMENT Identify, Assess and Control risks quickly and efficiently with BDC risk reports BDC’s Updated Risk Assessment Reports Copyright © 2010

RISK ASSESSMENT

Identify, Assess and Control risks quickly and efficientlywith BDC risk reports

Example of BDC’s Updated Risk Assessment Reports

Copyright © 2010 Butterfield Development Consultants Ltd.

• Simple coded risk levels• Comparative contingencies• Project specific comments

The attached report will be linked to and accompany monthly progress reports.

Page 5: RISK ASSESSMENT Identify, Assess and Control risks quickly and efficiently with BDC risk reports BDC’s Updated Risk Assessment Reports Copyright © 2010

For further details on how this new element of BDC’s reports can assist you please contact:

Ian Butterfield

Copyright © 2009 Butterfield Development Consultants Ltd.

[email protected]

Page 6: RISK ASSESSMENT Identify, Assess and Control risks quickly and efficiently with BDC risk reports BDC’s Updated Risk Assessment Reports Copyright © 2010

COMPANY PROFILE

  BDC's policy of only employing highly qualified individuals with extensive experience, has resulted in a reputation for providing clients with practical advice of the highest calibre. The diversity of our client base attests to our ability to adapt critical thinking. Butterfield Development Consultants provides a wide range of services to the development community, specialising in all aspects of construction cost management.

Helping Vancouver Grow for Over 20 years

Copyright © 2009 Butterfield Development Consultants Ltd.