Prevention over Cure - Chris Chant, Detica (BAE Systems)

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Prevention over Cure - Chris Chant, Detica (BAE Systems)

By: Published on: 23/01/2013
Prevention over Cure - Chris Chant, BAE Systems
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Risk management includes all activities required to identify and control the risks relating to the preferred project option. Risk management should not be seen as a barrier to innovation; yet it is often used to transfer away responsibility and accountability. Successful risk management is one of sharing the pain as well as the gain. In this respect, a well-crafted pain and gain sharing arrangement can pay off. Here are the insights on pain/gain share agreements from the perspective of a Commercial Director – Chris Chant.

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