RISK MANAGEMENT GUIDANCE
Consultant selection, and the professional services consultants provide, are important considerations in managing the risks of any project. Consultants play a vital role in the success or failure of a project, and prime design professionals need to be aware of their vicarious liability exposure.
When selecting consultants, consideration should be given to:
• availability of qualified consultants;
• past experience with a consultant;
• consultant’s reputation;
• adequate insurance;
• ability to meet project constraints;
• compatible systems between the consultant and prime design professional; and
• client-selected and client-controlled consultants.
More information on factors to consider when evaluating consultants can be found on page 48 .
23 • From Risk to Profit - Benchmarking and Claims Studies
Victor
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