Construction Obstacles

This video will provide a structured summary of: Contractual Milestones: Starting with the Notice to Proceed and the establishment of the project timeline. Managing Uncertainty: How the industry handles Change Orders and Changed Conditions on-site. Efficiency and Accountability: The role of Value Engineering in harvesting cost-saving ideas and the use of Liquidated Damages as a performance incentive. Quality and Completion: An exploration of the Punch List process and an in-depth look at Rework, including its common causes—such as design errors and ineffective engineering or procurement phases—and its impact on overall project costs.