Recovering Loss Project Dollars from a Pandemic Event: A Comprehensive GuidE

New Horizons Foundation Pandemics and Productivity Report on COVID-19

Researcher(s)

Michael McLin
Dan Doyon
Brian Lightner
Maxim Consulting Group

Preview

Topics

Summary

Register to view the Webcast on Demand.

Businesses face extraordinary financial challenges when  unanticipated events, like pandemics, occur. Our in-depth report, “Pandemics and Productivity: Quantifying the Impact,” offers valuable insights and practical strategies to help CEOs, project managers, financial executives, shop and field superintendents, and change order process stakeholders recover unexpected costs and navigate the aftermath of a pandemic. Join us as we delve into the crucial aspects of pandemic financial recovery and calculating pandemic-related change orders.

Section 1: Pandemic Financial Recovery Strategies

  • Overcoming Unforeseen Obstacles: Learn proven tactics to recover loss project dollars resulting from a pandemic event.
  • Maximizing Productivity: Discover innovative approaches to increase efficiency and productivity while managing the financial impact.
  • Reducing Disruptions: Implement effective strategies to minimize disruptions caused by pandemics and regain control of your projects.
  • Adapting to Change: Explore successful adaptation methods that allow your company to thrive amidst uncertain times.

Section 2: Justifying Pandemic-Related Change Orders

  • Understanding Change Orders: Gain a comprehensive understanding of change orders and their role in recovering unexpected costs.
  • Presenting a Solid Case: Learn how to build a compelling argument to justify pandemic-related change orders and secure project funding.
  • Leveraging Data and Metrics: Discover the power of data analysis and metrics in supporting change order requests and proving their necessity.

Section 3: Practical Pandemic Change Order Examples and Guides

  • Real-World Project Data: Explore real-life examples of pandemic change ordermitigation factors and productivity losses, and learn from successful recovery efforts.
  • Step-by-Step Guides: Follow our detailed guides to create effective change order documentation specific to pandemic-related costs.
  • A Pandemic Change Order Calculator is included in the study for contractors to use to price equitable adjustments.

Section 4: Calculating Pandemic-Related Change Orders

  • Assessing Financial Impact: Understand the methodologies and best practices for accurately calculating pandemic-related change orders.
  • Factors to Consider: Identify key factors that influence the financial implications of pandemics and how they should be factored into change order calculations.
  • Mitigating Future Risks: Learn proactive measures to mitigate risks and minimize the impact of future unforeseen events.

In a time of unprecedented challenges, it’s crucial to have a comprehensive roadmap for recovering loss project dollars and justifying pandemic-related change orders. “Pandemics and Productivity: Quantifying the Impact” equips CEOs, project managers, financial executives, shop and field superintendents, and change order process stakeholders with the knowledge and strategies necessary to recover unexpected costs brought on by an unanticipated event.

Recover costs and regain control over your projects by downloading our report today.