Design risk

Design risk

The risk associated with the impact on project cash flow from deficiencies in design or engineering. Also known as engineering risk.

Design Risk

The risk associated with potential flaws in the design of a good or its production and their effect on the project's cash flow. It is also known as engineering risk.
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this will minimise design risk and cost during the next phase of works and allow for early engagement with potential fabrication sites for the platform
In learning to do more in this area, we've learned to recognize differing levels of business and product design risk, while being very careful to protect the food safety and quality aspects of our products.
Six tips for limiting delegated design risk Delegated design and related concepts are here to stay and the risks cannot be eliminated.
Filling your home with vibrant colors shouldn't be considered a design risk, and in 2018, Pantone predicts that it won't be.
The module set offers a complete solution that accelerates the development and lowers the design risk and implementation cost of communications equipment.
Employer's Requirements -- As the contractor takes on the design risk the owner will control what is to be delivered by a document usually titles "Employer's Requirtements".
EDR bonds aren't the best fit for traditional design-bid-build projects where the design risk falls under a separate contract than the construction contract.
Among specific topics are managing risks for disruptive technologies, the intellectual property scorecard, performance management, design risk assessment, and computational fluid dynamics for flow simulation in greenhouses.
Having enough good taste to take a design risk is the secret to being elegant."
The project level risk refers to the potential risks in the infrastructure PPP projects, such as construction risk, operational risk, design risk, cooperative relationship risk, etc.
PEMBERTON: As part of the ERM function, I am involved with all parts of the business, such as supply chain and vendor management, where I have helped to design risk identification tools to be sure we are focusing on the suppliers that may be key to the business, and helping develop ideas to effectively manage those risks.
Risk sharing, on the other hand, means that the government will assume regulatory and legislative risk while the private sector covers the planning and design risk.

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