When Carillion became insolvent, it seemingly took many by surprise, but was it really a ‘surprise’ ? And importantly, what can we learn from it so that we do not appoint providers for our project who then become insolvent?

This session will cover:
What are bankruptcy and insolvency? What the potential effects on your project?
Learn how to identify the warning signs from the perspective of an amateur investor, using public information available which can be accessed by any project manager or procurement professional.
Raise the awareness of things that can be done to spot potential failures long before they occur. This could affect many future projects large and small.
Improve performance in public and private procurement programmes ultimately saving many millions of pounds.
Commonly asked questions in typical industry Pre-Qualification Questionnaires (PQQ).

However there are still many questions:
Does this information go far enough?
Do we understand what the provider’s responses are telling us?
Who reviews the responses?
Are there scenarios where unsuitable providers might still be awarded contracts?
How to validate the strategy in contracting the provider and determine the desired benefits?
Finally, could more be done?

We will use break-out sessions to get you involved in considering what information you think would be useful to know about potential providers, and the questions that could or should be asked. The evening will culminate in bringing delegates thoughts together, and then working together to identify ‘fit for purpose’ PQQ questions across a range of relevant financial indicators.

Join us and help determine what courses of action might then be indicated?

For more information and to book your event place, please visit the APM event page.