QUICK ANSWER
Why is 'consultant' not enough on its own?
Consulting risk depends on the actual subject matter, the decisions clients make in reliance on the work, contract values, deliverables, jurisdictions, project duration and whether the consultant also designs, implements, manages or certifies anything.
PROPOSAL INFORMATION
Explain the consultancy activity and client reliance
- Services and revenue split.
- Annual fee income and largest assignments.
- Client sectors and any concentration.
- Typical deliverables and contractual responsibilities.
- Implementation, project-management or certification duties.
- Territories and jurisdictions.
- Use of subcontractors or associates.
- Claims, complaints or known circumstances.
CONTROLS
Scope, review and record keeping matter
Useful evidence can include engagement letters, scope controls, contract review, peer or senior review, version control, assumptions and limitations, client sign-off, conflict checks, competency records and complaints or circumstance escalation procedures.
Return to Business Occupations & Risk Profiles or the Commercial Insurance Proposal Guide.