IBA Annual Conference Sydney 2017
8 Oct - 13 Oct 2017
Room C4.1, Convention Centre, Level 4
Construction management: a path to a good outcome or a sure way to blow the budget?
Tuesday 10 October (1430 - 1730)
International Construction Projects Committee
Major construction and infrastructure projects are ultimately about balancing quality, cost and timely delivery. This session will explore the benefits of construction management as a contracting technique, its pitfalls and how to properly secure successful project outcomes through proactive project management, the use of risk registers, early warning mechanisms, claims management and dispute avoidance. The underlying issue will be balancing apparent contract certainty of the traditional model against active construction management to deal with the uncertainty inherent in major construction projects. The session will also explore why, on occasion, this model has failed so badly.