The Impact of Rework on Construction & Some Practical Remedies
After participating in this webinar you will:
- Be able to identify the reported cost of rework on construction as identified by a large number of studies.
- Understand the true cost of rework.
- Learn the estimated average amount of delay caused by rework on the typical construction project.
- Also learn the estimated cost of delay arising from rework.
- Be exposed to a model which allows you to estimate the cost of rework on future projects.
- Be exposed to a number of practical recommendations intended to reduce the amount of rework on future projects.
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 assesses and identifies the typical cost of rework on a wide range of project types. It shows how the cost of rework is frequently understated and provides an estimate of the true “average cost” of rework. The webinar 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.
Finally, the webinar identifies a number of practical methods that can be employed by owners and contractors to substantially reduce both the cost and time impact of rework.
- Definition of Rework
- What is Rework?
- Estimated Cost of Rework
- Schedule Impact of Rework
- Cost of Rework Caused Delay
- Estimated Model for Rework Costs
- Potential Trend Concerning Rework
- Some Practical Remedies
Who should attend:
Owners • Design professionals • Construction managers • Contractors • Subcontractors • Construction attorneys
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Almost all of EPIC's seminars and webinars offer :
- Continuing Education Units (CEUs) and
- Professional Development Hours (PDHs)
These course credits will help attendees earn training requirements for their associations or provincial governing bodies.