How will you handle the risk of project cancellation?

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Posted by:
darna alub
04-April-2017

What if clients want you to start project ASAP without signing the contract since contracts take1-3 weeks for legal reveiw & approval while project needs to be started ASAP

Project Management

Question added by Rizwan Mirza , IT Project Manager / Agile Scrum Master , UnitedHealth Group (UHG)
Date Posted: 2014/04/05

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2 Answers

by AmanUllah PMP® , Project Engineer , Technical and Industrial Services Co.

well it depends on situation. if you are sure that the contract will be signed , then you can start critical activities... but if the contract approval is not sure one should not start and should convince the client on his point.

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by Osama Zaki , Lead Planning Engineer , Archirodon

using the risk transfer:

(top management decision / escalation) OR (hiring subcontractor & using the same conditions)

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