Resolve project disputes with expert delay analysis and claims consulting
Are you facing delays in your construction projects? Let us guide you through the complexities of delay management and claims resolution, ensuring your projects stay on track and within budget.
Leverate expert delay analysis and claims to overcome project delays
At Compass Consult, we understand the challenges construction projects face when dealing with delays and disputes. Our Delay Analysis and Claims Consulting services are designed to help organizations effectively manage and resolve delays, ensuring that projects remain on track and disputes are minimized.
Why Choose Compass Consult?
Our approach to delay analysis and claims consulting
Initiation & assessment
Understanding the situation: We begin by gathering all relevant project documentation and stakeholder input to comprehend the context of the delay.
Initial delay assessment: Our team conducts a preliminary assessment to identify potential causes and impacts of the delay, setting the stage for a more detailed analysis.
Detailed analysis
Time Impact Analysis (TIA): We perform a TIA to quantify the effects of changes or delays on the project schedule, providing clear insights into how these factors influence completion dates.
Critical Path Method (CPM) Scheduling: Utilizing CPM, we analyze project schedules to identify critical tasks and potential bottlenecks, allowing for proactive management of delays.
Claims preparation and management
Claims documentation: Our consultants prepare comprehensive documentation to support your claims, ensuring that all necessary evidence is presented clearly and effectively.
Negotiation support: We assist in negotiations with stakeholders, leveraging our expertise to advocate for your interests and facilitate fair resolutions.
Resolution and closure
Dispute resolution: Should disputes arise, we provide expert testimony and support during arbitration or litigation, ensuring that your case is presented effectively.
Post-project review: After resolution, we conduct a thorough review of the project and claims process to capture lessons learned, helping to inform future projects and improve processes.
Ready to address project delays?
At Compass Consult, we are dedicated to helping you manage delays and claims effectively. Our expert team is ready to partner with you to navigate the complexities of construction projects and ensure successful outcomes.
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FAQs
Earned Value Management (EVM) is a structured methodology utilised in project management to evaluate a project's performance concerning cost, schedule, and scope. It involves comparing the planned value (budgeted cost of work scheduled) with the actual cost incurred and the value of work completed. Through this comparison, project managers can identify discrepancies from the project baseline and implement corrective measures when necessary.
EVM offers numerous advantages for construction projects, including enhanced project control and visibility, early detection of potential cost and schedule overruns, informed decision-making, improved communication and collaboration among stakeholders, and ultimately, higher project success rates.
Earned Value Management relies on three primary components:
There are various methods to calculate Earned Value (EV), depending on the project's nature and complexity. One common approach involves multiplying the percentage of work completed for a specific activity by its budgeted cost.
Discrepancies from the baseline (variations between Planned Value, Earned Value, and Actual Cost) can serve as indicators of potential project risks. Analysing these trends enables project managers to pinpoint areas where the project may deviate from its intended course and take proactive measures to mitigate associated risks.
EVM is not obligatory for all construction projects. However, it is a recommended practice for complex projects, especially those with substantial budgets or tight schedules. Government contracts may also stipulate specific EVM requirements.
Several project management software tools support EVM implementation. Primavera P6, as mentioned on our webpage, is one such example, enabling users to monitor and analyse EVM data effectively.
Various online resources and industry organisations offer detailed insights into EVM and its advantages for construction projects. Our website serves as a valuable starting point, alongside professional associations and project management communities. Feel free to explore these resources for a deeper understanding of EVM's benefits in construction project management.
FAQs
We specialize in a range of claims, including acceleration claims, change order impacts, and schedule delay analysis, ensuring comprehensive support throughout the claims process.
The duration of the analysis varies based on project complexity and the extent of delays. We work with you to establish a timeline that meets your needs and ensures thorough evaluation.
We maintain regular communication with all stakeholders through updates, meetings, and feedback sessions, ensuring that everyone is informed and engaged throughout the process.
We employ advanced project management tools and software to conduct detailed analyses, track project schedules, and prepare claims documentation tailored to your project's requirements.