For numerous reasons, a well-put-together and properly maintained schedule can be your construction project’s most valuable tool. Unfortunately, many construction companies view project scheduling as merely a contract requirement – a hoop to jump through to keep the owner happy and to get paid. Worse, they view project scheduling as merely a tool for documenting and pursuing claims. Often, the schedule is developed at the beginning of the project, submitted for approval and quickly forgotten as the parties get on with the “real” task at hand – constructing the project. This is a mistake.
As a professional scheduler, I have seen first hand the value and benefits of a well-developed and properly maintained project schedule. A project schedule can be an invaluable tool in the management of the most important elements of a construction project.
Below are some of the major benefits of having a good project schedule:
Managing Risk. Besides the contract (and insurance, of course), the construction schedule is the most important tool for managing risk on a construction project. As things inevitably change on the project, the schedule is the best tool for evaluating the impact of changes on elements of the project. It is also a powerful tool for scenario planning and mitigating the effect of a change. Additionally Miles Hire, the project schedule is by far the best tool for early identification of problems and trends that could jeopardize project success.
Managing and Coordinating the Work. Schedules are used most often as the primary tool to manage and coordinate subcontractors work on the project. A good schedule will properly model and illustrate the team’s plan for executing the project. Additionally, the schedule is the best tool that can predict completion of the project, not only at the beginning but as the project progresses. Schedules can also be used by subcontractors and suppliers to coordinate their own work
Miles Hire as a production forecasting tool
Communicating the Plan. The is no better tool for communicating the team’s plan for executing the project than the schedule. As the plan is adjusted for changes and actual performance, the schedule is updated and distributed to the various parties – subcontractors, suppliers, vendors, the owner, the architect/engineer, inspectors, etc.
– Recording and Future Analysis. A properly updated and maintained schedule is an invaluable depository of “as-built” information for the project. This information can be used for later review in planning projects in the future, or as an analysis tool for documenting or defending against a claim.
For all of these reasons, it makes sense to invest the time and effort into developing and properly maintaining a project schedule.
Whether you need help preparing a baseline project schedule or you would simply like professional feedback on an existing schedule, Florida-Consultants can develop a cost-effective, comprehensive solution to meet your project’s needs.