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Pgm: OMOPPORTUNITIES – Opportunity Management; standard Treeview path: Opportunity Management > Opportunities – Risk Management tab
This tab displays the risk management information that is required for job bidding and project management. It is comprised of three sections: Risk Management Info, Risk Management, and Risk Management Comments.
Risk Management Info
This section displays risk management information associated with this opportunity’s project. Be sure to click the [Save] button to save any entered or edited information.
Subcontract Volume
Value represent the anticipated amount of the total contract that has been subcontracted. If there is a percentage associated to this field on the OM Control File screen, it will be populated automatically, using the following fields and calculation: Potential Revenue (on General tab) x Subcontract Update % (on OM Control File screen). Edits to this field’s value, as needed, are allowed.
CCIP Volume
Value identifies the potential CCIP volume for the project. If there is a percentage associated to this field on the OM Control File screen, it will be populated automatically, using the following fields and calculation: Potential Revenue (on General tab) x CCIP Update % (on OM Control File screen). Edits to this field’s value, as needed, are allowed.
CDI Volume
Value identifies the contractor default insurance volume.
Insurance Approved – Checkbox
Identifies that someone has approved the subcontracted and CCIP insurance values.
Company Payroll
Value identifies self-performed labor costs for the opportunity.
Subcontract Payroll
Total amount of subcontracted labor costs is entered here, if known and specified.
Total Payroll
Displays the total of the company payroll and subcontract payroll values.
SDI Subcontract Vol.
Estimated subcontractors default insurance (SDI) volume.
Risk Management
This section lists risk management items, such as a particular insurance to cover the costs of a potential negative impact and its default rate. Items do not need to have default rates, and the rates are editable, as are the items.
Description (Risk)
Enter/select a potential risk management item.
Risk management items that are available to be selected in this field are maintained in the Risk Management screen.
Applicable – Checkbox
Check this box if a risk management item applies to the opportunity’s associated project.
Risk Management Comments
This section contains a text field to enter any comments that are relevant to the risk management plan. After entering or editing comments, click [Save].