Avoidance of Wrong Decisions

  • AVOID Costs of damage control remediation, lawsuits, and reputational damage from accidents or incidents from inadequate management of complex sourcing decisions.
  • AVOID Cost of switching suppliers after engineering, procurement, and/or construction work has begun
  • AVOID Penalties for late or lost production due to project delays
  • AVOID Lost profits due to project delays
  • AVOID Risk of changes in input costs and output prices that change the profit profile of a project, as delays accrue

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