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Built Environment Economist - Australia and New Zealand June 2024

Page 29

DELAYS

REQUIRES An accepted, simple, as-planned program An as-built program that is very similar, in terms of key sequence, to as-planned program. Does not need to be a program with a critical path, although much more convincing if it is A very convincing narrative or a variation of the methodology that uses timeslices and a critical path that has been determined contemporaneously.

TIME IMPACT A prospective analysis demonstrates the causality of the delaying event, at the time of the delaying event, using a current project program.

PROS

CONS

It demonstrates causation at the time of the delay

Costly and slow to produce, especially if impacting the baseline retrospectively (post-project completion)

Ideally used to demonstrate causation during the project

Requires good supporting, contemporaneous records

Can be used to demonstrate delays (convincingly) after the completion of the project by retrospectively impacting the baseline program contemporaneous program updates

Being a prospective form of analysis, it might not demonstrate the precise, actual delay to completion

Relies on established facts

Some concerns of its suitability in demonstrating delay after the fact when it is a prospective form of analysis.

Best method of analysis during the project The chain of causation is satisfied Allows for changes to logic, durations, and the critical path Progress and concurrency are considered.

BUILT ENVIRONMENT ECONOMIST: JUNE – AUGUST 2024: 27


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Built Environment Economist - Australia and New Zealand June 2024 by Australian Institute of Quantity Surveyors - Issuu