When your project’s schedule has fallen behind, taking the right actions for effective schedule acceleration is crucial to regain lost time and meet completion dates. Delays can jeopardize budgets, contracts, and reputations. Thus, swift and strategic decisions are essential. You may need to consider adding extra crews, reallocating resources, implementing overtime, or revising your sequencing plan. Our expert team at Precision stands ready to identify the most efficient methods to accelerate your project.
However, assigning additional resources may come with significant costs. Consequently, it is vital to evaluate the financial implications of bringing on extra crews and resources. Expediting a project should only occur after weighing the risks of incurring liquidated damages or lost revenue caused by schedule delays. Our scheduling professionals utilize a balanced approach to facilitate informed decision-making that mitigates potential project issues.
Schedule Acceleration
The importance of construction schedule acceleration cannot be overstated. Firstly, increasing work efforts directly addresses the lost time, allowing your project to move back on track. Secondly, it helps limit liquidated damages (LDs), protecting your bottom line and ensuring compliance with contractual agreements. Furthermore, maintaining open lines of communication with stakeholders fosters strong work relationships, enhancing collaboration and productivity.
Equally important, a timely project completion reflects positively on your reputation. Delivering on promises strengthens credibility and positions your organization as a reliable partner in the industry. Finally, completing the project according to its original agreements not only fulfills contractual obligations but also lays the groundwork for future opportunities.
Precision’s Expertise
At Precision, we understand the complexities of project management and the need for schedule acceleration. We are committed to helping our clients navigate these challenges efficiently. By leveraging our expertise, you can confidently address schedule delays and set your project back on the path to success.
Importance of Construction Schedule Accelerating:
- Increase work to regain lost time through schedule acceleration
- Limit Liquidated Damages (LD’s)
- Build and maintain work relationships
- Maintain good reputation
- Complete project according to the project’s agreement
