Project Risk Review

Project Risk Management:

Tamkali helps organizations and projects using their proven risk management processes to:

  • Consistently achieving their objectives through a proactive risk life cycle approach
  • Communicating business cases effectively for new projects or expenses required during the budgeting cycle
  • Making critical and strategic decisions on a project or throughout the organization
  • Communicating risk in a consistent non-reactive way to senior management and Board members

Risk Management

  • Facilitate risk identification, assessment and response workshops on projects
  • Schedule, budget and management reserve Monte Carlo analysis
  • Risk register development
  • Project and Enterprise Risk Management system implementation, training and mentoring
  • Risk appetite/tolerance workshops
  • Critical Control management
  • Aligning risk management principles to project or corporate strategy, objectives and performance

Rules of engagement

Understanding the desired outcomes and contractual requirements of any project requires substantial experience in terms of negotiation in certain fields, as well as simulation and emphasis on relationship building.

Compliance with various administrative functions and notification within the four corners of any contract are key matters that are better dealt with from inception.

At Tamkali we consult with- and make use of the best and most experienced individuals available in the market today to advise on:

  • Contracting strategy
  • Principles and suitable forms of contract
  • Purpose, "employers requirements"
  • Entitlements
  • Best practice

 

OPEN UP, REVIEW AND REVISE

Other areas of specialty include:

  • Assistance with the selection of appropriate conditions of contract
  • Drafting of enquiry documentation based on various forms of contract (Bespoke, CCDC, FIDIC, NEC etc.)
  • Vendor and procurement support services
  • Pre-qualification of bidders
  • Tender evaluation, adjudication and recommendation (TEAR)
  • Assembly and negotiation of contracts
  • Administering of contractual arrangements during implementation
  • Independent audits and expert reviews
  • Claims management and dispute resolution
  • Expert witness assistance
  • Consulting with external parties and other support services

We are experienced to administer and facilitate multifaceted claims management, expert witness or independent audits and reviews from our office in Toronto, Canada.