Remedial Techniques: A Case Study

1 INTRODUCTION

It is clear that any reductions of the estimated project budged during any stage of the project will require implementation of remedial and preventative measures to minimize the effect that in worth cases will cause project failure.

This essay will evaluate potential risk that might affect the project financing/budgeting along with example from personal experience and possible remedial measures that are suggested to be implemented in case if project was subject to a 20% budget reduction during each of the strategy and implementation stage.

2 PROJECT FINANCING DEFICITE AND BUDGED REDUCTIONS

Projects (both international and domestic) are often affected by the dynamic economic conditions prevalent in the market. Factors like recession,

Selection of alternate designs and materials might represent a potentially viable cost saving strategy; however following recommendations are suggested to be considered:

• Incorporating of materials with better quality that will promote a longer life cycle and reduce future maintenance costs;

• Usage of BIM models that will allow identification of all potential clashes during the design stage. This option will require some spending for hiring and/or training of the personnel and obtaining of required software but it still will be cost efficient for implementation stage as no rework will be required;

Project Scope:

While reviewing of the Design and Quality specification it is also suggested to review the Project scope to identify “nice to have” areas which could be removed from the construction

Labor:

• Productivity

• Multipurpose labor

Hire Multipurpose Labor Instead of hiring employees for each and every role, hire staff that you can get more done from. Multitasking is a skill that is very essential in modern times for surviving the economic lull. Achieving optimal productivity from every employee is crucial to business success. During the hiring process, look for workers who can fit into multiple roles and are adept at managing several tasks at once. Through this strategy, you can get more output with less input.

Fuente: http://www.ecoticias.com/bio-construccion/94035/Tips-cutting-costs-construction-industry

Avoid Rework:

As stated in Section 3.1, utilization of Building Information Models could be an efficient tool for cost reduction as it will aim in early identification of clashes. However, in cases when BIM is not implemented in the projects, it is suggested to perform constructability reviews prior to start physical construction works at site of any

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