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Protect Profit Margin: Reduce Risk BEFORE You Bid
A healthy business needs healthy profits. But what more can you do to protect your margins? The answer is to identify risk events and exposure from potential forecast uncertainty during the bidding process.
By looking at factors like quantity growth during the design process, you can identify risks and allow for the right cost and schedule contingency. By doing so, you end up having much more confidence in your contingency results and in your bids.
Join us at this upcoming webinar to learn how to reduce risk during the bidding process to protect against margin erosion. We’ll discuss how to:
- • Establish appropriate cost and schedule contingency
- • Incorporate risks into a cost and schedule risk model
- • Determine required contingency
- • Assess a contingency confidence level
Dr. Dan Patterson
Chief Design Officer
Hosted by InEight
Date: Wednesday, September 25, 2019
Time: 2:00 p.m. EDT