Managing Risks - Department of Public Works and Services

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Introduction Some general principles of risk management General Comments on Project Development Process Procurement Strategies Procurement Process Issues Managing risks < closing time Some key contract risk issues Managing risks < award Project example Practice tip 2
Some General Principles Managing pre-tender risks means identifying and addressing in advance: General project development risks (e.g. land, finance and regulatory approval issues) Procurement process risks (e.g. non-compliant proposals/tenders) Contract performance risks (after contract award) No “one size fits all” approach In preparing procurement documents or in deciding whether to bid, must understand proposed risk allocation and contractual risk transfer after contract award 3
Page 1: Managing Risk During Pre-Tender Sta
Page 5 and 6: Some General Principles (cont’d)
Page 13 and 14: Project Development Process Often i
Page 15 and 16: Project Development Process (cont
Page 23 and 24: Procurement Strategy (cont’d) Sel
Page 25 and 26: Risk Transfer Shifting the risk CON
Page 27 and 28: EPCM vs. Design-Bid-Build Approach
Page 29 and 30: Summary of Design-Bid-Build Some Ad
Page 31 and 32: Construction Management (CM not “
Page 33 and 34: Construction Management (CM “at r
Page 35 and 36: Design-Build / Design & Construct O
Page 37 and 38: Turnkey The “turnkey” arrangeme
Page 39 and 40: P3/ D-B / EPC / Turnkey Common Them
Page 41 and 42: Design-Build Relationship (Typical)
Page 43 and 44: Some Disadvantages of Design-Build
Page 45 and 46: Some Contractor Considerations D-B-
Page 47 and 48: Public-Private-Partnerships (cont
Page 49 and 50: Procurement Process Issues Disputes
Page 51 and 52: Procurement Process Issues (cont’
Page 53 and 54:
Procurement Process Issues (cont’
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Page 61 and 62:
Summary - Procurement Process Issue
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Managing Risks < Bid Closing (cont
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Performance Guarantees Heart of the
Page 73 and 74:
Performance Guarantees (cont’d) K
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Performance Specifications (cont’
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Consequential Damages “Neither pa
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Managing Risks < Award (cont’d) I
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Project Example: Roadwork Custom D-
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Practice Tip Three R’s for identi
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