The Impact of Rework & Some Practical Remedies (CCL461G)

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Gain an understanding of the cost and time impacts of rework on construction projects

In the construction industry, rework is frequent and well known. It drains on the profitability, timeline of the project delivery and productivity of both owners and contractors. Moreover, the requirement for rework may have spinoff or downstream effects for every project stakeholders. The reason behind rework are very familiar: errors and omissions, fabrication changes and errors, operability changes, project enhancements, construction and design changes etc. The impact of rework has never been properly assessed, discussed or studied even though it is very common.

In this webinar, our expert speaker James G. Zack, Jr. will identify and assess the typical expense incurred on various types of projects. It displays how the rework expenses are constantly understated and will provide an estimate of actual "average cost" of rework. James will also recognize the average effect of rework on the duration of project in regard to time as well as the expense of liquidated damages and unrecoverable extended overheads. You will also get to know various practical methods which can be employed by contractors and owners to substantially reduce both the time and cost impact or rework.

This webinar may well be the first time attendees have ever been exposed to the causes, the cost and the time impacts of rework on typical construction projects and ways to avoid such impacts.

Session Highlights:

• Identify the reported cost of rework on construction as identified by a large number of studies
• The session will also reveal the true cost of rework
• Additionally, the webinar also provides an estimate of the average amount of delay caused by rework on the typical construction project
• The webinar also provides an estimate of the delay cost arising from rework
• You will be shown a model which allows you to estimate the cost of rework on future projects.
• Provides you with a number of practical recommendations intended to reduce the amount of rework on future projects
• 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 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