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RISK ASSESSMENT Identify, Assess and Control risks quickly and efficiently with BDC risk reports BDC’s Updated Risk Assessment Reports Copyright © 2010.

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Presentation on theme: "RISK ASSESSMENT Identify, Assess and Control risks quickly and efficiently with BDC risk reports BDC’s Updated Risk Assessment Reports Copyright © 2010."— Presentation transcript:

1 RISK ASSESSMENT Identify, Assess and Control risks quickly and efficiently with BDC risk reports BDC’s Updated Risk Assessment Reports Copyright © 2010 Butterfield Development Consultants Ltd. Simple coded risk levels Comparative contingencies Project specific comments

2 Introduction to BDC Risk Mitigation Services Butterfield Development Consultants 2010 The role of the Cost Consultant, is to advise lenders on the adequacy of budgets, initially and throughout construction. BDC’s mission is to continually improve the process, reducing the risk and challenges facing lenders.

3 Risk Mitigation Services At the budget review stage, each budget component will be analysed in terms of it’s risk. Recommendations will be made to reduce this risk and quantify potential increases. Throughout the monitoring period components will be re-assessed and re-quantified. Reports will be prepared at each stage clearly identifying components at greater potential risk and actions being taken.

4 RISK ASSESSMENT Identify, Assess and Control risks quickly and efficiently with BDC risk reports Example of BDC’s Updated Risk Assessment Reports Copyright © 2010 Butterfield Development Consultants Ltd. Simple coded risk levels Comparative contingencies Project specific comments The attached report will be linked to and accompany monthly progress reports.

5 For further details on how this new element of BDC’s reports can assist you please contact: Ian Butterfield Copyright © 2009 Butterfield Development Consultants Ltd

6 COMPANY PROFILE BDC's policy of only employing highly qualified individuals with extensive experience, has resulted in a reputation for providing clients with practical advice of the highest calibre. The diversity of our client base attests to our ability to adapt critical thinking. Butterfield Development Consultants provides a wide range of services to the development community, specialising in all aspects of construction cost management. Helping Vancouver Grow for Over 20 years Copyright © 2009 Butterfield Development Consultants Ltd.


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