Regardless of whether you have a good working relationship with a client or not, all projects require an amount of risk assessment before and during their engagement. Although we all like to believe that our clients can be trusted and pose no risk to our business interests, it is basic business sense to have procedures in place that highlight potential risks of engaging any work provided by a client so that we identify potential problems early before they become a major issue.
The following are examples of considerations that should be taken into account when reviewing the amount of risk associated to a project:
Client personalities and politics: These can cause issues that disrupt your ability to successfully complete the project. Are there any indications from your observations that the client could be difficult to work with? Are there any indications that politics within the client's organization may affect your work?
Business formation: Limited...