Have you ever faced extension of time (EOT) requests in your projects that were too complex to navigate and stressed you and your project team to the limits?
Delays in projects are inevitable. A lot can happen, and things could go wrong anytime, resulting in delays in your projects. There could always be one or more events that could occur that unequivocally lead to delays which in turn results in an extension of time (EOT) request.
Successfully navigating and resolving these time extension requests poses significant challenges for both the contractor and owner, especially on major capital projects with a lot at stake.
There is always more than one thing that goes wrong on a large complex project, which means that parties can spend weeks deliberating on these delay events with no end in sight.
A lot of back-and-forth communication can occur between you and different stakeholders, discussing the apparent delay causes and trying to identify the responsible stakeholders that resulted in the delay.
You and your project team also get cracking to prove or deny the existence of concurrent delay, debate the quality of the underlying schedule, and anything and everything else around these delay events without successfully resolving anything.
However, this doesn’t lead to any good and doesn’t benefit any party.
The EOT requests can lead to significant financial and legal implications for the contractor and the owner.
By failing to analyze and resolve time extension requests justly and efficiently in projects, you could destroy relationships with your stakeholders and waste project resources or, even worse, encounter disputes that could continue long after the last punch list item is closed in the project.
How can you break this never-ending submission and rejection cycle of time extension requests?
Can you create a process to manage these extension of time requests seamlessly?
How could you triumph over these time extension requests and tackle and resolve delay claims?
Let’s explore how you could successfully navigate the challenges surrounding time extension requests.
Join Mark Sanders, a subject matter expert and thought leader on change management, claims resolution, and forensic delay analysis, along with your host, Shohreh Ghorbani from Project Control Academy, to learn how you can be a master at preparing, analyzing, and negotiating time extension requests, whether you work for a project owner, engineer, contractor, or an organization that serves in more than one of these roles.
Also, gain practical insights on how to steer around obstacles surrounding Change Orders, Claims, and Forensic Analysis in this highly informative masterclass.
This masterclass equips you with strategies that you can put into immediate practice in your projects.
By attending this 90-min free masterclass, you will:
- Learn why contractual processes for settling time extensions often don't work.
- Gain a better understanding of how you can improve the process for resolving time extensions, even after the contract is signed.
- Learn how to collaborate with counterparties to determine responsibility for delays in a manner that focuses on the best possible outcome for the project.
- Gain insights on proactively analyzing delays contemporaneously while there's still time to do something about them.
- Discover how you can break the cycle of submittal and rejection of time extension requests and create a process that benefits the project as a whole
- Get equipped with strategies to prepare, analyze, and negotiate time extensions
- Explore how you can successfully steer change orders, claims, and forensic analysis in your projects
- Explore some recommended resources for further education in Change Management, Claims Management, and Forensic Delay Analysis
- Claim 1.5 PDUs or 0.15 CEUs towards your professional accreditations.
WARNING:
We have limited number of spots available on our webcast system and space will fill up fast, so register now to avoid missing out.
This live webcast will be packed with high quality content that can change your career for the better!
About Mark Sanders
Mark Sanders is a well-recognized industry expert in project delivery with over 25 years of experience. He has successfully managed projects in the electric utility; fossil, nuclear, and renewable generation; oil and gas; and transportation sectors.
Mark is a sought-after speaker, presenter, and trainer on topics related to forensic delay analysis, productivity analysis, change management, claims and dispute resolution, project development, project scheduling, budgeting, and execution, and project management.
He is serving on the board of directors for AACE International and has contributed to the development of several AACE recommended practices and guidelines, including Forensic Schedule Analysis and Estimating Lost Labor Productivity in Construction Claims. He has also been a contributing author for the “Schedule Delay Analysis, Standard ANSI/ASCE/CI 67-17,” American Society of Civil Engineers.
Currently, Mark is serving as the Director of Projects at Alpha 3 Consulting, supporting projects in the U.S. energy and transportation sectors. He is also a Senior Consultant and Partner with QDR International, providing project execution and construction claims consulting on international projects, particularly in Latin America.
Mark is a Registered Professional Engineer in four U.S. states – DE, MD, PA, WI. He is also a licensed law practitioner. He is acknowledged by AACE International as the Certified Cost Professional (CCP), Certified Forensic Claims Consultant (CFCC), and Planning & Scheduling Professional (PSP). He is also a certified Project Management Professional (PMP), and Portfolio Management professional (PfMP).
Connect with Mark via his company profile or LinkedIn.
About Shohreh Ghorbani
As the founder and director of Project Control Academy, the leading provider of comprehensive online training programs in Project Controls, Shohreh has served tens of thousands of professionals to take their project controls skills to the next level.
In April 2018, AACE International Source Magazine featured Shohreh as the “Woman in Project Controls” honoree.
With her impressive track record in teaching and years of hands-on experience on a wide range of project control technical areas in various industries, clients have acknowledged Shohreh as a passionate trainer who transfers the knowledge of project controls in a simple and understandable manner.
Shohreh is a licensed project management professional (PMP) recognized by Project Management Institute (PMI) and a professional member of the Association for Advancement of Cost Engineering (AACE International). Toastmasters International certified her as “Advanced Communicator Silver”. She holds a Master of Science in Industrial Engineering.
Meet Shohreh at Project Control Academy or connect with her on LinkedIn.
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