3. Devising action plans

Action plans are essential. They are designed to limit the impact of each risk, to quantify the cost of investing in each action plan, and to quantify the improvements required to limit the deterioration in financial margins.

Once the risks identified in the offer have been reviewed, and if any new risks have been identified, action plans are put in place. These actions aim to reduce the financial impact of the risk, or even eliminate it.

The resources required to mitigate the risk are quantified, and their cost is taken into account when calculating the margin deterioration. As a result, this action will reduce the overall cost that would have been incurred without the implementation of this action plan.