Services > Risk Mitigation and Procurement Problem Resolution
Risk Mitigation and Procurement Problem Resolution
WhysSolutions tailors solutions to individual clients’ needs. Our greatest value to a client is to be involved in the strategic discussions that should take place as an organization considers procuring certain goods or services. If the organization is clear up front about their desired outcomes and realistic in their expectations of those outcomes, then that will form a solid foundation for that particular project.
Problems can occur at any point, in any project. One of the ways that WhysSolutions maximizes value to our clients is through risk mitigation. First, through our professional project management approach we incorporate methodologies that help to minimize the likelihood and number of problems that typically plague a project. Second, through specific policies, procedures and practices, our clients are able to identify problems in their early stages and then resolve those problems through previously agreed upon methodologies and processes. This way there is minimal impact and disruption to the overall project, and a very strong likelihood of success.
In the next sub-section, titled “Project Management: The 5 Key Phases,” the following phases are explained in detail. They are mentioned here because it is critical that they are incorporated into all projects, large or small – and that a project team understands all elements of each phase. These phases are inextricably linked, and each one builds on the prior ones, cumulatively. They are:
1. Inception: Planning and Strategic Thinking
2. Development of Processes and Documents
3. Evaluation of Proposals and Proposers
4. Contract Development and the Negotiation Process
5. Contract Management: Oversight and Accountability
Although it is WhysSolutions’ preference to be involved at the outset, we are often called in during various phases of a project because a significant problem has surfaced and the project is at great risk. Each project is different, hence there is no “pre-determined” resolution to a problem, but we will work with our client to:
- resolve the issue and move forward (while inserting our professional project management approach);
- if necessary, step backwards to resolve the issue and mitigate additional risks, and then move forward with a methodological approach; or
- if the damage is great enough and risks of salvaging the project are too great, we will present an assessment to our client (including the economic variables) and start from scratch if necessary.
Our approach is such that we do this without losing substantial amounts of time. The result usually is clearer communications to proposers, better responses from proposers and in the short and long runs, a much better deal for our client – all costs considered.