In a recent two part interview, I discussed my first experience with Troubled Projects, along with How Best to Avoid the Troubled Waters of Construction through the use of a Professional Quality Owner’s Representative, and what attributes to look for in an Owner’s Representative. Today, I would like to touch base on several of the causes for a project running into trouble. These contributing factors can and will impact cost, time and quality.
Some of the key causes of a troubled project include:
1. Inexperienced and inept owners project team
2. Inadequate cost estimating and insufficient budget for the project
3. Permitting issues
4. Incomplete design
5. Design errors
6. Design defects
7. Funding failures
8. Inadequate procurement of a project
9. Contract failures
10. Contractor not paying trades and suppliers
11. Contractor errors and mismanagement
12. Construction defects
13. Contractor illegal activities
14. Labor disputes
15. Acts of God
Read More Here: https://www.kmiintl.com/avoiding-a-troubled-project/