Project Risk

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.

“Tiefenthaler Africa” is the trading name and brand under which the members of Tiefenthaler Africa (Pty) Ltd and their respective controlled, managed, and affiliated firms and the members provide legal or other services to clients around the world. Law firms and consultancy firms that are licensed to operate under the trading name “Tiefenthaler Africa” are constituted and regulated in accordance with relevant local regulatory and legal requirements and operate in accordance with their locally registered names. The use of the name “Tiefenthaler Africa”, is for description purposes only and does not imply that the Law firms and consultancy firm that operate under the trading name “Tiefenthaler Africa” are in a partnership or are part of a global firm or company. The responsibility for the provision of services to the client is defined in the terms of engagement between the instructed firm and the client. “Tiefenthaler” and the “T” logo are in the process of being registered as a trade mark by Tiefenthaler Attorneys Incorporated, which trademark is pending.

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