GTC Module 3 – Delay LD-Risk Control System
GTC Project Delay LD-Risks Control Module 3 delivers (supplementary to Basic-Module 1) the more detailed LD-Risks control for e. g. delayed completion of Engineering, delayed equipment deliveries, the delayed project completion date or the like.
Most Contracts cover also a LD-Risk for the proof of (technical) concept which means the “achievement of technical performance guarantee-parameters to be verified during the performance test/s at project end”. The proof of the technical concept may induce “make good” consequences which must be verified before contract signature / at project end. The control of this risk is not controlled by the GTC System.
Features & USPs Module 3 – Project Delay LD-Risks Control
- Planning of Delay LD-Risks according to contract conditions (delay subjects; delay percentages and conditions per subject, max. LDs, etc.)
- Module 3 takes over the actual time delay from Basic Module 1 for the evaluation of the related LD-Risk amount as decision basis for the Risk steering and control measures (Risk Management).
- Module 3 delivers 2 “LD-Risk Visualization Dashboard”, one for the particular risk per delay and month, a second one with the sum of LD Risk/s.