Technical Due Diligence: Risk assessment and way forward
Any Investment carries risk; risks like certification or approval related, quality of construction risk, functional or operational risk etc. At Colliers, Our Technical Due Diligence team provides one roof solution through Due Diligence report for risk management. We provide solutions for issues ranging from Identifying the risk, analysing risk, the consequences of risk, evaluation or ranking the risk, way forward to treat the risk, etc.
A buyer or an Investor likes to make sure that everything is fit and fine when they plan to buy or invest in a property, for this reason, investors or occupiers always go for a pre-purchase due diligence to identify the risks involved. Due diligence before buyer purchase or investment can uncover crucial facts, so that they don't have to encounter any post-purchase surprises.
In a typical due diligence process, our team collects the data provided to us and evaluates by a thorough desk analysis, followed by an onsite investigation to make sure what is on drawings and approvals have been built on-site.
Once possible risks have been identified and assessed further, we categorise risk in three parts high, moderate and low with cost impact and time required to overcome. Based on the Due Diligence report, we propose our recommendations and actions to be taken, that reduce the risk and negative consequences to the property.
Since every building is unique, our expert engineers and inspectors offer reliable pre-purchase due diligence which gives you complete information about approvals obtained, Architecture plan, MEP Services, safety and security system of the property to the buyer are planning to purchase or invest. Based on our due diligence, buyer can make an informed decision and determine whether the purchase will be profitable and low risk.
Our technical due diligence team can assist you in assessing project risk by conducting a thorough analysis of all technical components of your project. Our industry experience covers a wide range of topics, and we can put together a team of experts with the expertise you need for your project. Allow Colliers Technical Due Diligence Team to assist you in gathering due diligence data so you may focus on your primary tasks, decision-making and help you accelerate success.
About the Author:
Dhiraj is a Competent and result-oriented professional offering over 15 years of rich cross-functional exposure across execution of civil works for Residential, Commercial, Marine structure project, Industrial projects, structural & site activities in India & Abroad.
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