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Construction Delay Claims How a Contractor can effectively achieve an extension of time or schedule adjustment for Employer/Engineer caused delays under FIDC Red book - Essay Example

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Construction Delay Claims How a Contractor can effectively achieve an extension of time or schedule adjustment for Employer/Engineer caused delays under FIDC Red book

When such time related conflicts come into picture, both the parties try to impose their losses through claiming against the other party.
Since time can be justified as money for this industry, to finish projects on time, and avoid delays, it is necessary that effective project scheduling is executed and benchmarks are set up for both the parties. Delays and time extensions are the main issues of concern and this situation is expected to worsen if any steps are not taken to improve the situation and acknowledge the importance of project scheduling to timely avoid delays.
This paper was aimed at studying the importance and existing trend of Project Scheduling in the construction industry along with a strong emphasis why a properly statuses project schedule is an important tool when claiming a schedule adjustment. and the delay analysis and claim processes involved. The objectives have been identified as following:
d) To study two cases in the construction industry which stress the importance maintaining a properly statuses schedule of effective project scheduling on the part of both the involved parties and allotment of time extensions or compensation in case of delays.
This study involved wide-ranging review on the subject of Project Scheduling and Delay management in the construction industry. The study was carried on with the help of published content on the subject, online books, journals, articles, seminar papers and websites related to construction industry. Also, case studies were studied relevant to the topic in order to emphasize the significance of the issue discussed here by. ok
The chapter introduces the concept, importance and various types of project scheduling methods that are used in the construction industry. Also, with the importance of Critical path and Float, these are also studied in the chapter.
This aim of chapter is to study the various types of ...Show more

Summary

Effective time scheduling has been an issue of concern since the initial phase of the industry which has suffered huge losses due to poor performances and management. Time and again, the…
Author : xbeier
Construction Delay Claims How a Contractor can effectively achieve an extension of time or schedule adjustment for Employer/Engineer caused delays under FIDC Red book essay example
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