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CONSTRUCTION KNOWLEDGE

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Demurrage Claims Under FIDIC 1999 Red Book: A Comprehensive Analysis Introduction Demurrage claims arise in construction contracts when delays occur in the unloading or release of materials, equipment, or transport vehicles beyond the agreed timeframe, leading to additional costs. While the FIDIC 1999 Red Book (Conditions of Contract for Construction) does not explicitly define "demurrage," the principles governing delays, extensions of time, and compensation for losses incurred due to delays can be derived from the contract provisions. This article explores the legal basis for demurrage claims under the FIDIC 1999 Red Book, highlighting key contractual clauses and best practices for ensuring successful claims. Understanding Demurrage in Construction Contracts In construction, demurrage typically applies to situations where a contractor or subcontractor incurs additional charges due to delays in offloading materials or in returning hired equipment within the agreed peri...
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The Role of a Head Office-Based Quantity Surveyor in Managing Multiple Projects from A to Z I n the world of construction and project management, a Quantity Surveyor (QS) plays a vital role in ensuring financial and contractual success. While site-based QS professionals focus on day-to-day operations, those working from a head office take on a more strategic, multi-project management role. This article explores the responsibilities, challenges, and skills required for a Head Office-based Quantity Surveyor managing projects from inception to completion. Key Responsibilities of a Head Office-Based Quantity Surveyor 1. Project Cost Management & Budget Control A QS at the head office is responsible for cost planning, budgeting, and forecasting across multiple projects. They assess initial feasibility, estimate costs, and allocate budgets to ensure financial viability. Throughout the project lifecycle, they monitor expenditures, track variations, and implement cost-control measures ...

INFO-02- (KPIs) Key Performance Indicators

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INFO-02-   (KPIs) Key Performance Indicators (KPIs) Key Performance Indicators - All you have to know about in construction projects are specific, measurable metrics that are used to track the performance of various aspects of a project. These indicators are vital for ensuring that the project is on track to meet its goals, managing resources efficiently, and delivering the desired outcomes. Common KPIs in Construction 1. Cost-Related KPIs Cost Variance (CV): Measures the difference between the budgeted cost and the actual cost of work performed. It helps in tracking budget adherence -Cost Performance Index (CPI): A ratio that compares the budgeted cost of work completed to the actual cost, indicating cost efficiency. 2. Time-Related KPIs Schedule Variance (SV): The difference between the planned progress and the actual progress. It helps in identifying delays and taking corrective actions. Schedule Performance Index (SPI): A ratio that measures the efficiency of time usag...