by Jacob HammondRising Prices, Supply Chain Bottlenecks, and Material Shortages – the Importance of Procurement Strategy in Today’s Environment
In an environment of rising prices, supply chain bottlenecks, and material shortages, implementing an efficient procurement strategy on your construction project is more important than ever. Procurement strategies that worked in the past will likely not work now, nor will they likely work in the future. Strategies of the past include, amongst others, relying on a single supplier or small...by Jacob HammondWho’s Responsible? Analyzing Cost and Schedule Issues on Construction Projects
Schedule delays and cost overruns are constant threats to construction projects; when they do occur, determining responsibility is a major challenge and can be a point of contention. Oftentimes, it is only after the project has suffered negative effects that their causes are given the attention they deserve. Once a party identifies a delay or cost overrun, identifying the applicable contract...
by Bennett ColemanAvoiding Claims & Disputes: It’s the People
Large construction projects are risky, and when they end with claims or disputes, the blame is usually placed on unfair contracts, planning or estimating errors, design deficiencies, unforeseeable delays, poor productivity, or other process or technical factors. These are simply indications of the real root cause: the project management capability of the companies working together on the project.by Bennett Coleman