कॉन्ट्रैक्ट अतिरिक्त लागत
Definition
Event management RFPs mandate prior approvals for modifications; loose vendor contracts result in rush orders and excessive payments without verification.
Key Findings
- Financial Impact: 15-25% cost overrun on total contract value (e.g., ₹1-2 लाख extra per event)
- Frequency: Per event/project
- Root Cause: Lack of detailed BoQ in vendor contracts and poor change management
Why This Matters
The Pitch: Events firms in India overrun vendor costs by 15-20% due to poor contract terms. Automation of contract clauses prevents scope creep.
Affected Stakeholders
Event Manager, Vendor Coordinator, Finance Controller
Deep Analysis (Premium)
Financial Impact
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Current Workarounds
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Methodology & Sources
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Related Business Risks
GST गैर-अनुपालन जुर्माना
वेंडर ब्लैकलिस्टिंग हानि
RFP बिड रिजेक्शन
वेन्यू अनुबंध धोखाधड़ी और जमा हड़पना
अनबिल्ड वेन्यू जमा और संविदा त्रुटियाँ
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