Fidrel — Project cost risk and contingency tracking
- Consultants
- Engineers
- Public sector
- Contractors
- Architects
- Developers
- Project managers
- Property owners
Follow economic risks and contingency in Fidrel. Distinguish identified uncertainty from approved costs and contingency already used.
Describe the uncertainty
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Explain the event or assumption that may affect project cost. Identify responsibility and the evidence needed to assess the issue further.
Record the assessment and its assumptions. A risk allowance is an estimate, not a prediction guaranteed to occur or an approved order.
Assess the consequence
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Describe the uncertainty
Explain the event or assumption that may affect project cost. Identify responsibility and the evidence needed to assess the issue further.
View our plans
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From planning in the office to drawings on site. Fidrel brings your project documents, programme and information together in the browser – on your computer, tablet and phone. Create your account and bring the team together around the same information, wherever you work.
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project participants prepared in one shared environment
0 MB
per document upload
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items per structured import
0/7
access to project information
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Frequently asked questions
What should a cost risk describe?+
Explain the event or assumption that may affect project cost. Identify responsibility and the evidence needed to assess the issue further.
How should a risk amount be interpreted?+
Record the assessment and its assumptions. A risk allowance is an estimate, not a prediction guaranteed to occur or an approved order.
Why show contingency separately?+
Follow available and used contingency explicitly. Avoid burying uncertainty in ordinary cost items where its use becomes unclear.
When should risk assessments be updated?+
Review risks when information, scope or delivery changes. Explain revised assumptions so that the next forecast can be discussed with the project team.
Does every project member have the same access?+
No. Access depends on activated project features, role and assigned permissions. The project administrator must give the appropriate people access to the information they need.