Scope Clarity & Effective BID Evaluation Strategy...!!!
RISK is a result of high amount of Uncertainties Bound in the Project Works.
Considering the fact that CLIENT is the HIGHLY Benefited from any Project and always WORKS in the TOTAL INTEREST of the PROJECT, then only two other factors could reduce the RISK FACTOR of the PROJECT...!
1. SCOPE CLARITY = Scope is the Heart and Soul of the Project hence the better the DEFINITION of SCOPE and SPECIFICATION the lesser confusions, uncertainties and chaos resulting in Project SUCCESS
2. EFFECTIVE BID EVALUATION STRATEGY = A Good Scope clarity alone is meaningless if the Vendor / Contractor selected through Bidding process is not skilled and effective in executing the SCOPE...!!
Considering the fact that CLIENT is the HIGHLY Benefited from any Project and always WORKS in the TOTAL INTEREST of the PROJECT, then only two other factors could reduce the RISK FACTOR of the PROJECT...!
1. SCOPE CLARITY = Scope is the Heart and Soul of the Project hence the better the DEFINITION of SCOPE and SPECIFICATION the lesser confusions, uncertainties and chaos resulting in Project SUCCESS
2. EFFECTIVE BID EVALUATION STRATEGY = A Good Scope clarity alone is meaningless if the Vendor / Contractor selected through Bidding process is not skilled and effective in executing the SCOPE...!!
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