How to Assess Impact on Cost and Schedule Before Approval

Go to main contence: Standardized Procedures and Workflows for Construction Team

๐Ÿ’ฐ⏳ Evaluating the cost and schedule impact helps prevent surprises and keeps your project on track before approving any change.

๐Ÿ”น 1. Review the Change Details

  • Understand exactly what the change involves.
  • Look at drawings, specifications, and scope affected.

๐Ÿ”น 2. Estimate Additional Costs

  • Calculate extra materials, labor, equipment needed.
  • Include indirect costs like overtime, permits, or inspections.
  • Check if subcontractors will charge more.

๐Ÿ”น 3. Estimate Time Impact

  • Determine if the change adds or reduces time.
  • Consider lead times for new materials or approvals.
  • Factor in rework or delay impacts on other tasks.

๐Ÿ”น 4. Consult Relevant Team Members

  • Talk with Site Supervisor, Project Manager, and subcontractors.
  • Get realistic feedback on how change affects work.

๐Ÿ”น 5. Compare Against Original Budget and Schedule

  • See if the change causes budget overruns or deadline shifts.
  • Evaluate if contingency funds or schedule buffers can absorb the change.

๐Ÿ”น 6. Prepare a Summary Report

  • Document cost and time estimates clearly.
  • Include risks or uncertainties if any.

๐Ÿ”น 7. Share for Approval Decision

  • Provide this impact assessment with the change request to the client or decision-makers.
  • Help them understand the consequences before approving.
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