Scope of DD vs cost

This topic contains 1 reply, has 2 voices, and was last updated by  Raid Almutairi 3 weeks, 4 days ago.

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  • #121745

    Dmitry Govorov
    Participant

    How would you normally decide if a full scale DD is worthy, together with expensive DD consultants costs, vis-a-vis limited DD first, and – subject to successful negotiations – follow with a more detailed / confirmatory DD?

    #122078

    Raid Almutairi
    Participant

    In my opinion,

    To overcome expensive DD consultants costs; DD can be structured in many phases or steps. First part is analyzing overall generic data that can be done in-house utilizing the available capabilities. Then, moving to more detailed DD that rely on one overall DD consultant. Finally, in depth DD phase which of course will involve other depth scope oriented consultants.

    Following above DD structure will ensure that buyer will only pay what is needed (Cost Control). Also, it will provide a smooth DD process with buyer as not all books are opened in early phases of the DD.

    Thanks

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