I was asked the other day regarding how cost recovery comes about in the first place. I see it falling into the following categories:
· Internal error and fraud (focus on employees)
· External error and fraud (focus on vendors and customers)
· Industry benchmarking (focus on competitors)
· Tax advantages (focus on government)
The cost recovery you are working on will drive the type of recovery as listed above. Hope this helps people classify this exploding area in thir mind.
Let me know,
Rich Lanza
