This Subject Series will address the sources and implementation of a contract schedule specification. The Subject Series structure will be multiple parts and be a logical extension of the series titled MANAGING RISK OF DELAY.
The overview of this series is:
- Managing Risk of Delay – Schedule Preparation and Maintenance (Part 4)
- Managing Risk of Delay – Schedule Specification Sources and Implementation (Part 8)
- Overview (this post)
- Paper by Mr. Stu Ockman – Making State of the Art Scheduling Specifications Work (presented in multiple parts).
The challenge associated with managing time is common to virtually all projects. This challenge is true for most project management situations. It is intensified in the case of larger and more complex projects. Examples include Lump Sum Turn Key (LSTK), Engineer Procure Construct (EPC), and other similarly executed projects. In addition to the normal issues associated with bulk progress, actions or inactions by the owner [employer], notice requirements, owner-furnished (free issue) equipment and others can add considerable complexity to this challenge. [Read more…]