The vast majority of contracts (86%) have up-to-date risk profiles, with most managers ensuring key risks are reviewed at least once a month (42%) or every three months (30%). 87% feel there is clear accountability for the management of key risks and, understandably, those managers who feel there is not, report a much higher incidence of just satisfactory or poor relationships and performance.
Only 38% of companies conduct joint risk assessments with the public sector contract management team. The data suggests no particular correlation between working together and improved operational relationships or performance - but the persistence in working separately on such a fundamental issue may be a symptom of an enduring cultural gap.