Risk Register

By: Contract Communicator  11-11-2011

In Contract Communicator a “risk” is a potential source of delay or unforeseen expense. Examples include: inclement weather, delays in receiving information, etc. The risk register is designed to request relevant information from the project team at the correct time. The cause and effect is captured, communicated and tracked on an on-going basis, allowing management to make informed decisions timeously and to ensure that any resulting contractual claims can be dealt with professionally and in a legally proper manner.

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