Cumulative Impact of Change Orders
Upcoming SessionsThere are currently no upcoming sessions scheduled for this course
The course duration is approximately 1 day
OCA Members: $370.00
The Ottawa Construction Association is pleased to present Dr. Awad Hanna – a North American respected authority and lecturer to the construction industry on the impact of change orders.
Frequently, change orders cause a significant disruption to a construction project. The disruptions cause changes in the planned schedule and increase costs through rework and decreased labor efficiency for the contractor. Productivity and profit will suffer from this loss in labor efficiency. Owners have the right to initiate changes on their project after the contract has been signed. The difficulty arising from change orders is determining an equitable adjustment for the parties involved. Contractors need to be compensated for impacts that the change-directed work have on their estimated baseline efficiency. Owners believe that the additional costs of the changes should be minimal due to the similar nature of the work.
This seminar is focused on three areas. First, proper management of change orders, second, legal considerations and the third area of focus in this seminar is how to quantify loss of labor efficiency and price change order including forward pricing.