Avoid Costly Delays & Damages in a Project By Quantifying Delays, Properly Pricing Changes, & Effectively Proving Claims
Any stakeholder involved in a large scale or complex construction project has experienced the challenges and nuances that can accompany any change of plan, whether it’s something expected or not. Whether it’s a change in scope, means and methods, or any other kind of change, an equitable resolution can only come from proper communication and the ability to objectively assess, quantify, and price the impact that the change had on the work. If both parties agree that a change has occurred and the corresponding cost for that change is reasonably priced, then resolution for that change is simple and immediate. On the other hand, if the there is disagreement on either the change occurring or its cost, problems can ensue. Oftentimes, the inability to make an objective assessment of these factors leads to a breakdown in the common goal of the better interest of the project, and can therefore result in costly delays and damages for the stakeholders.
This session by our expert speaker, Peter Vosbikian, will familiarize stakeholders with important information on how delays due to a change in scope can be quantified, how to properly price changes resulting from extra work, and how to effectively prove a claim involving a change in scope. It will also address considerations for preparing change orders as well as guidelines for preparing a claim.
Whether you’re involved in quantifying the impact of a change, experienced a delay and incurred damages, or involved in resolving a delay claim, this session will provide insights on how to quantify the delay and cost incurred resulting from the change. It will also provide guidance on the data and documentation needed should a project delay or impact arise. It will further provide considerations for preparing a change order or developing a claim.
- Consider some practical CPM scheduling strategies
- Understand the mechanics of quantifying delays
- Review guidelines for communicating about change
- Learn to identify information that should be tracked and the documentation prepared in the event of a claim
- Examine causation – relevance, considerations and standards to take into account
- Review contract provisions involving changes to work
- Learn practical considerations for scheduling work
- Understand different methodologies for quantifying delays
- See the forensic delay analysis methodologies in practice
- Learn how to clearly present a change order
- Examine considerations pricing a change
- Understand the components necessary for preparing a claim
- Consider guidelines for developing a claim
Who should attend?
- General Contractors
- Construction Managers
- Architects / Engineers