
Describing potential risks and proposed mitigations is an excellent way to show proposal evaluators you understand project complexities. In Part 1 of this blog post, I discussed six common pitfalls to demonstrating understanding and how to avoid them. An insightful risk approach identifies risks to successful project performance from the customer’s perspective, which requires that you know the customer. However, it also requires that you have experience. Based on your experience, you can describe risks you’ve encountered and how you mitigated them successfully. Here are five common pitfalls and five tips to a great risk mitigation approach that demonstrates your understanding of the customer and the contract. Pitfall #1: Your risks don’t matter Often bidders cut and paste risks from proposals for similar contracts. They give little thought to what really matters to this customer in terms of risks to successful schedule, budget, and quality performance. Tip #1: Identify risks … Continue reading Do you understand how to show you understand? (Part 2 of 2)