2. Optimize the project after contract signature

Once a contract has been signed, following the bidding and commercial negotiation phase with the customer, the project manager and his team analyze the contract and the way in which it is to be carried out in order to meet the initial budget for the project sold. Going into more detail, and after an in-depth analysis of the project risks, it is necessary to compensate for a potential deterioration in the financial margin by seeking out and implementing opportunities to restore or even increase the margin rate within the current budget.

Those involved in the project are often more aware of the technical, financial, political and industrial risks involved.

On the other hand, the search for margin-generating opportunities is often ignored by engineers who are more concerned about the hazards and risks involved in a project.

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