From Risk to Profit Benchmarking and Claims Studies

CONSULTANTS

QUANTITATIVE

QUALITATIVE

RISK RESPONSE

1. AVAILABILITY OF QUALIFIED CONSULTANTS Are there qualified consultants available when you will need their services? 2. YOUR EXPERIENCE WITH CONSULTANTS Does your firm have experience with these consultants? Are these consultants with whom your firm has or can develop compatible working relationships?

3. REPUTATION Do these consultants have strong, positive reputations?

4. ADEQUATELY INSURED Are these consultants adequately insured? The gap created by an uninsured or under-insured consultant will most likely have to be filled by your firm’s insurance.

5. CAPACITY Do these consultants have the needed capacity to undertake the project?

6. COMPATIBLE SYSTEMS Are your firm’s systems compatible with those of your consultants?

7. SHARED VALUES Do your consultants share the same values as your firm? How much time will you have to devote to team building?

8. CLIENT-CONTROLLED Are you being asked to work with consultants selected by the client? Will you have coordination responsibilities for consultants not under your control?

9. OTHER

OVERALL CONSULTANTS ASSESSMENT

48 • From Risk to Profit - Benchmarking and Claims Studies

Victor

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