Most large companies and many smaller companies have extensive policies, procedures and processes for risk management. ISO-9001-2015 places a lot more emphasis on risk and policies and processes to deal with it. In spite of these risk requirements, poor QA and management execution accounts for a majority of project failures. Let me give you one example with the lessons learned. Continue reading
You have heard it said dozens of times. We want a win-win situation with our subcontractors. I have an example of a win-win subcontractor experience that worked well and one example of one that did not turn out very good. Hopefully these examples will give you some insight into what is meant by win-win and now to make it happen. Continue reading
Selection of key subcontractors on a program is very important and many times can make the difference between program success and failure. One approach that I have used to ensure the selected subcontractor is a good choice is a BVA (Best Value Assessment) process. The process starts with an RFP (Request For Proposal) that is sent to candidate qualified subcontractors. The process is a combination of objective and subjective judgments. Continue reading
Let’s assume you are a small company that wants to grow the business by soliciting subcontracts from a major prime contractor. What unknown risks may be in store for your company in pursuing this path. I will tell you what some of the risks are including an example and suggest ways to mitigate them. Continue reading
In today’s business environment, many companies outsource a majority of a program’s work to stay competitive. Far too often, hidden subcontractor’s risks cause unplanned significant cost and schedule growth resulting in serious negative program impact.
Sound familiar? Learn how to mitigate these risks: Continue reading