Risk and Value, Procurement Services

Fellows encourage the adoption of both risk and value management at all stages of the project. We believe that the key focus of the project team should be to identify and prioritise the real project objectives, considering the needs of our customers and their stakeholders.  We recognise that Value and Risk Management processes are interrelated tasks that should be carried out in parallel and that managing risk helps to maximise value.

Fellows can manage an opportunities, value and risk register throughout the life of the project. This will help to ensure that the project team remains focused on achieving commercial efficiencies in design, procurement and delivery.

The majority of decisions that will have the greatest impact on a project are made during the early design and feasibility stages of its lifecycle, hence it is preferable that our professional Risk and Value Managers are appointed as early as possible.

Fellows have extensive experience in both public and private procurement of construction and property related projects.

When considering procurement options it is important to note that any given situation will depend upon the nature and scope of the work proposed, how the risks are to be apportioned, how and where responsibility for design is to be placed, how the work is to be coordinated and on what price basis the contract is to be awarded.

We often manage the entire procurement process on behalf of our Clients to include the development and assessment of OJEU Notices, pre-qualification questionnaires, invitation to tender, evaluation and interview, through to final recommendation. TheFellows team have extensive experience in procurement option appraisals in line with project deliverables and commonly recommend the optimum solution to our Clients based on their internal processes.