This webinar, based on a broad literature review, 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.
Duration: 1 hour | PDHs: 1 | Subscription: Members Only
Presented by: Jason Dougherty, Jim Zack, CCM, FRICS, PMP, and Nigel Hughes
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