The Impact Of Rework On Construction Projects
Jim is the Principal, James Zack Consulting, LLC. Formerly Executive Director of the Ankura Construction Forum™ and prior to this, the founder, and Executive Director of the Navigant Construction Forum™. Earlier, Jim was the Executive Director, Corporate Claims Management Group, Fluor Corporation. Previously he was Vice President of PinnacleOne and Executive Director of the PinnacleOne Institute and prior to this a Senior Construction Claims Consultant for CH2M HILL. For more than 48 years, he has worked on both private and public projects in 36 States in the U.S. and 39 countries abroad. He is a Fellow of AACE, the Royal Institution of Chartered Surveyors, the Guild of Project Controls, and the Society of Construction Claims Specialists. In the construction claims field, he is a recognized and published expert in mitigation, analysis, and resolution or defense of construction claims and disputes. He is a Certified Construction Manager, a Certified Forensic Claims Consultant, an Expert Certified Construction Claims Specialist, an Expert Certified Construction Delay Analyst, and a Project Management Professional.
Rework in the construction industry is frequent and well known. It is a drain on construction productivity, profitability, and the timeliness of project delivery for both contractors and owners. Additionally, the need for rework can have spinoff or downstream impacts for all project stakeholders. The causes of rework are, likewise, very well known - design and construction changes; errors and omissions; project enhancements; operability changes; fabrication changes and errors, etc. While rework is common, the impact has not been thoroughly assessed, studied, or discussed. This webinar assesses and identifies the typical cost of rework on a wide range of project types. It shows how the cost of rework is frequently understated and provides an estimate of the true “average cost” of rework. The webinar also identifies the average impact of rework on project duration in terms of time as well as unrecoverable extended overheads and the cost of liquidated damages. Finally, the webinar identifies several practical methods that can be employed by owners and contractors to substantially reduce both the cost and time impact of rework.
This webinar will well be the first time attendees have ever been exposed to the multiple causes of rework on construction projects. Rework on construction projects is common but rarely discussed. Rework has both cost and schedule implications. This webinar, based on a number of studies, estimates the cost and schedule impact of rework on projects and offers some practical recommendations to avoid rework.
Areas Covered
- Learn the typical causes of rework
- Gain an understanding of the cost and time impacts of rework on construction projects
- Be provided with a model for predicting rework on new or future projects
- Gain information on several practical ways to reduce the amount of rework on future projects
Course Level - Intermediate to Advanced
Who Should Attend
- Owner & Contractor Project Managers
- Resident Engineers or Architects
- Agency Construction Managers
- Construction Managers @ Risk
- Design Managers
- Legal Counsel Representing Owners or Contractors
Why Should You Attend
- This webinar identifies the reported cost of rework on construction projects as identified by many studies
- The webinar also estimates the true cost of rework
- Additionally, the webinar provides an estimate of the average amount of delay caused by rework on a typical construction project
- The webinar provides an estimate of the delay cost arising from rework
- In this webinar, you will be shown a model that allows you to estimate the cost of rework on future projects
- Finally, the webinar provides several practical recommendations intended to reduce the amount of rework on future projects
-
$200.00
-
