Insight Recruitment’s Post

Difference between Variation Vs Change Order

🚧 Understanding the True Costs in Prolongation Claims! 🚧 In construction, it's vital to break down direct, indirect, and impact costs to fully understand where your money is going in the face of delays. Whether it's costs tied directly to physical completion or the hidden impact costs, knowing these categories can make a world of difference in managing claims effectively. 💼 Want to learn more? Check out my latest video and dive deeper into the complexities of project delays and costs. 📺 Watch the full episode and more on my YouTube channel: YouTube Channel #ConstructionClaims #ProjectManagement #ProlongationCosts #ConstructionIndustry #CostManagement #ConstructionDelays #Delayanalysis #elcontrolwithyasserabouzeid

Only a few hours left until our webinar with The Society of Cost Engineers starts! You've still got time to register and learn from Esteban Sanchez MSc. on The Best Practices for Implementing A Mature Cost Estimation Capability. 🕚 Starts at 11 am EST https://lnkd.in/dvbx5KwT #costengineering #costoptimization #costestimation

Wondering whether it's better to pay for IT services on-demand or through an ongoing managed agreement? Let's dive into Peter's experience during the lockdowns and discover why proactive support might be the way to go. During the COVID lockdowns, my client Peter faced a dilemma. He couldn't keep up with the monthly IT fees tied to our managed IT agreement. In search of cost savings, he proposed switching to an ad hoc arrangement, where he'd only pay for IT services when necessary. It seemed like a budget-friendly move initially, but I had some insights to share. I explained that while ad hoc might save money upfront, it often translates to higher costs in the long run. Despite his eagerness to make the shift, Peter agreed to a six-month trial period. However, by the fourth month, he was eager to return to our managed service agreement with monthly fees. Why the change of heart? The ticket count had more than doubled, and staff downtime had increased significantly during the ad hoc period. The result? Peter was spending way more on IT, and his staff's efficiency had taken a hit. The key difference is that our managed service agreement involves continuous monitoring and maintenance of the network and all devices. This proactive approach helps prevent costly issues from cropping up in the first place, saving both time and money. 🚀💰 Curious to learn more about the benefits of proactive IT support? Check out our article here: https://lnkd.in/gyHingnZ 📚🔗

Would welcome your thoughts on the Challenge of Balancing Cost and Quality, Finding the right balance between cost, quality, and risk is becoming the industry's biggest challenge. With contractors taking a more cautious stance, are we on the right path to achieving this balance?

Here's a video outlining my 4 tips for understanding rate review clauses in services contracts. https://lnkd.in/dH_G5CVe #construction #engineering #consulting #riskmanagement #contractisnotadirtyword

Your #construction project might seem on track, but hidden behind the numbers are delays and budget overruns you didn't see coming. It’s a scenario many construction teams face. That’s where #EarnedValue (EV) comes in — a tool that gives you a clear, real-time snapshot of your project’s true progress. 🚧 Join industry expert and professional engineer Claudia Gomez-Villeneuve, FEC FGC (Hon.) for an eye-opening webinar on how EV can transform the way you measure and track project success in the construction industry. 📅 Date: Wednesday, October 23, 2024 🕒 Time: 11:30 a.m. - 1:30 p.m. 🎟️ Price: $99.75 (includes GST) Tired of guessing where your construction project stands? 🔧 Don’t just hope your project is on time and on budget — know for sure with EV. Register today 👉 https://lnkd.in/gb9UzjFg #ConstructionProfitability #ProjectManagement #BudgetManagement #Engineering #EVA #Webinar

Did you know? Cycle times are longer than ever. With expert IAs located across the country, we're here to help you eliminate long cycle times and quickly assist policyholders so that they can get back to normal. Partner with us today: https://lnkd.in/g3eJCBfx #TheBestClaims #DidYouKnow #AutoClaims #CycleTimes

Baseline: The approved original plan for a project (e.g., schedule baseline, cost baseline). Used as a reference point for measuring performance.

Claiming for delay? Make sure you demonstrate cause and effect. Follow our guide