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Cost Management of Unbid Scope
August 25, 2022 @ 9:30 am - 11:00 am PDT
This third webinar in the cost management series tackles the tricky process of analyzing and negotiating your Contractors’ Change Order Proposals. The techniques and tools discussed will help Owners and Construction Managers level a playing field which is typically tilted in favor of the Contractor. This workflow approach facilitates a more collaborative process by establishing fair and reasonable costs faster to keep your projects on track. This will allow you to negotiate with more confidence going forward.
Cost Management of Unbid Scope Outline:
- Delivery Methods and Change/Unbid Scope
- Change Management Methods to Deal with Unbid Scope
- Spreadsheet Limitations
- Change Management Workflow
- Where to Get Relevant Pricing & Data
- Negotiations Made Simple
- Time is Money
- Process Systemization
- Pros & Cons
Participants will learn:
- What changes to expect for various delivery methods
- How to analyze cost management methods to discern what works and what doesn’t
- Spreadsheet limitations
- Change management workflow best practices
- Where to get relevant pricing and productivity data
- Steps necessary for successful negotiations
- How to create a win-win systemized process – time is money
- How to steer clear of claims
- How to collaborate with your contractor effectively
This is webinar three in this four-part series ideal for:
- Facilities Directors seeking better cost management solutions
- Capital Finance Executives wanting process exposure
- Organizations starting a new phase of capital development
- Organizations revamping/upgrading cost management systems
- Financial, Accounting, Clerical Staff professional development
- Estimators developing budgeting and cost management skills
- Project Engineers to develop more skills
- Project Managers building cost management knowledge
- Contractors offering Construction Management services
- Project Controls Mangers setting up cost management systems
- Owners needing a better capital budgeting process
- Owners looking to streamline their change order process
Instructor: Rodney M Percival, PE, Program Cost Manager with Caproso – Capital Program Solutions, has 30+ years of cost experience as a Contractor and Program Manager on small and large private and public projects with Cost Plus, Lump Sum, GMP, Design-Build or CMAR delivery. For the past decade, he has provided services to LAX as Chief Cost Engineer, developing budgets, cost systems, historical costs, and in-house applications. More recently, he has founded a cost consultancy which develops applications for Owners and Estimators to budget projects and streamline analysis of non-competitively bid change events.
See the Flyer for details and registration information.
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