From Risk to Profit Benchmarking and Claims Studies

RISK MANAGEMENT GUIDANCE

Claims arising out of other parties that may have an interest in the project are not uncommon. It is important for design professionals to evaluate the potential risks other parties may present by considering the following factors:

• what consultants the client will retain;

• whether the project will have an impact on adjoining and neighboring properties; and

• what factors regarding the project’s users and occupants should be considered.

Please refer to the other parties section of the Risk Management Matrix on page 50 .

29 • From Risk to Profit - Benchmarking and Claims Studies

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