The Coronavirus puts new emphasis on the evolving complexity of risks that must be balanced in the design and construction industries. The most unpredictable facet of construction risk management is the effects of unstable just-in-time supply chains. We are aware that isolated supply chain bottlenecks exist, but this latest disruption may be the next Black
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Protecting Profitability
In construction projects there are three main areas of importance to a successful project – scope, schedule, and budget. It is vital to have a clear definition of the scope of work, a defined schedule including milestones, and the cost of performance based on the scope and schedule. These “Big Three” must be in balance at bid submission time, remain in balance when the actual work starts, and continue to be balanced until project completion.
Complexity: The Fifth Dimension of Project Management
This extreme example allows for an understanding of how Complexity (The Fifth Dimension of Project Management) imposes itself on the project just when it appears that computing power will allow the project team to craft and implement the “perfect” detailed schedule. What about the typical modern project without the added detail?
The Different Techniques of ADR
Alternative dispute resolution can often be a faster, cheaper and satisfactory means of settling disputes. Granted, that doesn’t mean that ADR is going to be right for everyone, and it won’t be the best choice for every dispute. However, it is certainly something to consider. There are a number of different techniques used in ADR,
The Role of a Construction Claim Consultant
Construction claim consultants provide a crucial role when it comes to standard of care in construction. These specialized experts know every in and out of construction and civil engineering, and can help with project management and legal advice. Because these consultants know the industry well, they can help prevent legal troubles before they start. Legal
The Benefits of CPM Scheduling
What is the purpose of critical path method (CPM) scheduling and how is it useful for construction projects? Though CPM scheduling is widely used, many project managers choose to work and supervise without it. Why should you adopt CPM software on your next project? These are the advantages that CPM schedule consultants can offer you.
