Written by: Lyle Charles Consulting
Delaying a project can cause some serious financial repercussions. What may be insignificant delays can actually cause a domino effect that eventually leads to a large amount of lost revenue and construction delay claims.
Be Prepared for Anything
Unfortunately, delays occur in almost every construction site. It’s important to document the delays that occur. Be aware of the potential causes for delays whether it is the lack of planning or weather changes. Hiring an attorney in advance will help mitigate the any potential financial risks that come with delays. It’s better to be safe than sorry in the long run. Especially with the amount of money that is poured into construction sites.
Accurately Create Your Schedule
How you create your entire schedule is one of the most important things in the project. By being detail-oriented and planning effectively, you can potentially avoid the blunt of harm’s way.
Documentation can be the Deciding Factor
Maintain the appropriate documentation whenever a delay seems likely. Every activity should be well-documented and the impact of the delay should be considered into the editing of the schedule. When it comes down to a claim, the better the records and documents, the more likely that you will come out on top.
Wrapping it up
Knowing that delays are sometimes inevitable, it doesn’t always mean that you can’t mitigate the damage done. It’s the prepared ones that manage to stay on top.
Bio: Lyle Charles has been working in the construction industry for over 30 years. With expertise in fields such as: construction mediation, business coaching, and crisis management, you can feel comfortable knowing that Lyle and his team will work with you to obtain positive and proven results.