Large development programmes do run the risk for schedule delays and cost overruns.
Such overruns will often lead to difficult discussions between contracting partners and put the successful completion of the programme at risk.
Reasons can be manifold; underestimation of the initial contract value, change of specifications throughout the execution of the programme, non-optimum programme management, lack of a proper risk management system, difficulties within
the industrial chain with sub-contractors ,incomplete earned value management approach, and/or delays with Customer Furnished Items.
There is a need, on both sides of the contracting parties, to have up-to-date information on the actual and predicted evolution of costs, such being irrespective of the contract price type agreed upon in the contract Bexperience can support your company or organization in finding the root causes of the schedule delays/ cost overruns
Bexperience can be called in for independent, regular reviews of the cost evolution of the contract, so that there is an “early warning” system in place.
Such early warning system will help both sides of the contract to acquire and - more importantly - to maintain a trustworthy relationship between partners. Bexperience can also be contacted in case of fact finding missions on major cost overruns on space and defence contracts , such at the request of either party.
"Bexperience can provide you with
an early warning approach for the cost and schedule
status of your programme"
Photo credits: ESA