Most OM activity is driven by contractual requirements. It is therefore crucial that you fully understand the requirements of a contract being placed on you, and of those you are placing on your Supplier. Generic or ambiguous OM requirements can lead to disconnects and different interpretations between parties.
Appropriate and clear OM contractual requirements are essential and will determine the “who, what, when and where” in terms of OM activity as well as enabling organisations to accurately quantify the level of OM risk to their projects. This gives organisations the assurance that risk is being managed effectively and that the resolutions being implemented are the most cost effective to the project.
TLS will assist organisations in deriving contractual requirements that are most appropriate to their business objectives.