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Delays in construction projects are frequently expensive, since
there is usually a construction loan involved which charges
interest, management staff dedicated to the project whose costs are
time dependent, and ongoing inflation in wage and material prices.
Many techniques are used to analyze delays. Some of these methods
have inherent weaknesses and should be avoided. This book points
out the shortcomings of these faulty methods and explains how a
delay analysis should be performed. It then describes specifically
how the analysis is done with CPM schedules. A explanation of
delays and delay damages, presented in a straightforward,
accessible manner, should be useful to public and private owners,
construction managers, general contractors, subcontractors,
designers, suppliers, and attorneys whose work involves them in the
construction industry. The discussion will include subtleties of
the process, such as shifts in the critical path, and non-critical
delays. The subject of damages is covered in detail, including the
major categories of extended field overhead and unabsorbed home
office overhead. Likewise, the damages suffered by the owner,
either actual or liquidated, are also explained. Finally, a chapter
is devoted to managing the risk of delays and time extensions from
the viewpoints of the various parties to a construction project. A
discussion of early completion schedules and constructive
acceleration is also included.
Construction Delays, Third Edition, provides the latest specialized tools and techniques needed to avoid delays on construction projects. These include institutional, industrial, commercial, hi-rise, power and water, transportation and marine construction projects. Most other references provide only post facto construction delay analysis. This update includes 18 chapters, 105 sections and approximately 100 new pages relative to the second edition.
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