List Assumptions in the Project Work Plan
Make sure your team has a comprehensive project work plan. This should show details of design assumptions
Month: November 2008
Errors and Omissions
Don’t admit to errors or omissions until you consult with a proper internal team (managers, project director, financial, legal). If you are admitting an error, make sure it is actually …
Extra Budget for Complicated Design
If the project you are tendering is going to have complicated design or a design that is unusual or new to your company or industry then make sure you allow …
Risk Analysis
Do a proper risk analysis before bidding for and accepting a project. Be especially aware of “first of its kind” projects for yourself, your company, or your industry (industry level …
Client or Contractor Track Record
When preparing a tender, signing a contract, or making a purchase order, be careful to check a potential client’s or contractor’s track record. They may be a known litigator. Your …