AVEVA Contract Risk Management Overview
AVEVA Contract Risk Management helps Engineering, Procurement and Construction (EPC) Prime Contractors and Owner Operators involved in industrial capital project execution mutually track and manage obligations while automating the receipt, review and approval of change – and its financial and contractual impacts – throughout all project phases. Going beyond standard tender and supplier management systems, it provides complete contract lifecycle management to drive better decision making, align teams, and reduce overall project risk.
Designed to manage the unique needs of Capital Project contracting, AVEVA Contract Risk Management can be used to manage the entire contract lifecycle on individual projects or across the enterprise, or deployed as part of a Unified Project Execution approach to maximize return on capital investment.