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Construction Claims Monthly - Devoted exclusively to the problems of construction contracting since 1963

The Impact Of Rework On Construction & Some Practical Remedies (CCL840Y)

  • Product Format
    Pre Recorded Webinar
  • Presenter(s)
    James G. Zack Jr. CCM, CFCC, FAACE, FRICS, PMP
  • Conference Date
    Wed, August 27, 2014
  • Length
    60 minutes

How To Reduce Costs And Time Delay Caused By Rework

Rework in the construction industry is frequent and well known. It is a drain on productivity, profitability and 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 by James G. Zack assesses and identifies the typical cost of rework on a wide range of project types. Zack shows how the cost of rework is frequently understated and provides an estimate of the true “average cost” of rework. The speaker 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. Zack also suggests a number of practical methods that can be employed by owners and contractors to substantially reduce both the cost and time impact of rework.

Session Highlights

  • Identify the reported cause of rework on construction as identified by a large number of studies
  • Find out the true cost of rework
  • Get an estimate of the average amount of delay caused by rework on the typical construction project
  • Predict an estimate of the delay cost arising from rework
  • Understand a model which allows you to estimate the cost of rework on future projects
  • Benefit from a number of practical recommendations intended to reduce the amount of rework on future projects

Benefits of the session

  • Learn the typical causes of rework
  • Get 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
  • Get information on a number of practical ways to reduce the amount of rework on future projects

Who should attend

  • Contractor project managers, project sponsors, cost estimators and project control personnel
  • Construction managers and design professionals performing services during construction
  • Project owners and owner representatives
 

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About the Presenter(s)

 

Jim is the Senior Advisor to the recently formed Ankura Construction Forum™. The Forum strives to be the construction industry’s resource for thought leadership and best practices on avoidance and resolution of construction project disputes globally. Jim was the founder and Executive ...More Info

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