Risk management is defined as the identification, evaluation and mitigation of circumstances that may have an adverse effect on the project. Risk management requires an understanding of the difficulties being experienced on-site and how to manage them through contracts and engagements with end-users, contractors, and consultants.
Conflict is unavoidable in most industry projects. However, not all conflicts have to result in costly disputes and court processes. Conflicts usually arise due to improper risk management of the contract whether it be due to shortcomings in understanding contractual risks or simply because of the fast-paced nature of industry projects.
Proper contract administration and management is crucial to risk management and mitigation thereof.
Our project teams have extensive experience in the legal administration and management of contracts on-site and off-site.
The experience allows them to identify legal and contractual risks in advance, coupled with their practical ability to mitigate risks in the moment. Our project services are wide ranging from developing on-site contract and claims management systems to administering contracts through our off and on-site teams.
Strategy is a matter of thinking ahead and planning for the outcome.
A contract represents more than just an allocation of risk. It dictates the commercial rules under which we act and are held accountable to.
Risk management is defined as the identification, evaluation and mitigation of circumstances that may have an adverse effect on the project.
Labour is an essential part of our focussed industries and crucial to project and socio-economic success.
The principles surrounding negligence are often misunderstood, leading to dire consequences for professionals and the companies they represent.
Arbitrations have become the preferred method of bringing finality to disputes between parties.