Category Archive for: Risk Management

Are you contracts really built for performance?

When it comes to contracting, it is not a surprise to realize that most of the contracts that I see in my day to day life, lack the basic elements required for cost-saving and performance

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Claim Management – Different situation, same process?

A claim can be declared by either customer or supplier. In fact, launching a claim is often the signal that is already too late. Something “bad” has happened, the parties didn’t realize and voluntary or involuntary shortcomings of the parties let the “bad” thing happen without realizing its negative effect on the relationship.

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Will Belgium be in a black-out this winter due to lack of contract management?

As you have certainly read in the news, Belgium is embroiled in a turmoil regarding a possible shortage of electricity this winter. A couple of years ago, thanks to privatizations reforms the government decided to put partially in the hands of the private sector a key strategic element of its economy: electricity production. The situation is today that 6 out of 7 nuclear power plants producing electricity for the Belgian people are now stopped due to recent findings of concrete degradations and other repetitive incidents in the last couple of months. Government fears shortage this winter to come while prices are certainly guaranteed to reach sky high values as Belgium will need to import electricity from its French and German neighbours.

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