MANAGE RISKS

This service will be performed by Legal experts. Project Management experts and other technical consultants as needed.

Audit Outsourcing arrangements & other Project Risks, Check the adequacy of Insurance protection for potential risks.

This is service is to audit existing Outsourcing arrangements. The trend of Outsourcing started with sound logic and good intentions but has become a fad of late. The focus is to ensure that the original goals are being met. Though proper outsourcing transfers risks to the vendor organization, we still need to review the contract and identify all the residual risks. Also,the organizations could consider insurance coverage to transfer out certain risks to an insurance company which is one of the most recommended strategies from a risk management perspective.

Cost Savings by streamlining outsourced business or techonology or process functions.
Explore use of insurance covers appropriately to mitigate risks further.

For more information, email us now at btd@iap-partners.com.