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Built Environment Economist - Australia and New Zealand June 2024

Page 40

COLLABORATION

Australian quantity surveyors and contract administrators saw greater weekly disputes with subcontractors than their New Zealand or UK peers. 54% of Australian quantity surveyors and contract administrators experience six or more disputes per week compared to the average of 47%, highlighting the need for tailored solutions that address the specific challenges of each region. While some areas may benefit from greater standardisation of processes, others might require a more nuanced approach considering local regulations and industry practices.

54% of respondents say disputes with progress claims and or incomplete information often impact project timelines. EXPERIENCE MATTERS: DISPUTE FREQUENCY ACROSS TENURE Interestingly, the Payapps report revealed that dispute frequency varies across the tenure of quantity surveyor and contract administrator professionals. Early-career professionals who are still learning the ropes typically encounter fewer disputes. However, as they gain experience and take on more complex projects, the frequency of conflicts increases. This trend peaks in midcareer roles and gradually declines as professionals gain more knowledge and develop stronger conflict-resolution skills. This highlights the importance

of ongoing professional development and targeted dispute prevention and resolution training for quantity surveyor and contract administrator professionals at all stages of their careers.

TECHNOLOGY: THE KEY TO COLLABORATIVE SUCCESS

Visit Payapps.com and download the full report to understand other challenges and opportunities faced by quantity surveying and contract administration professionals. Discover how technology can empower you and your team to work smarter, not harder, and build a more collaborative, efficient, and profitable future.

While the challenges are significant, the future is not bleak. Technology offers a powerful solution to the collaboration conundrum. Purposebuilt construction software, like Payapps, can transform how teams work together, fostering a more collaborative and less contentious environment. Payapps empowers construction professionals with a powerful progress payment claim solution they need to overcome the challenges outlined in our research. By providing realtime visibility into project progress, centralising communication channels, and automating workflows, Payapps helps to break down silos, enhance transparency, and ensure everyone is on the same page. This reduces the likelihood of disputes and equips teams to address them swiftly and effectively when they arise. Additionally, Payapps’ focus on compliance helps to minimise disputes arising from contractual or regulatory issues.

EMPOWER YOUR TEAM, PROTECT YOUR PROFITS Collaboration is the key to unlocking the full potential of the construction industry. By addressing the root causes of conflict and embracing technology, we can build a more resilient, efficient, and profitable future for all stakeholders.

38: BUILT ENVIRONMENT ECONOMIST: JUNE – AUGUST 2024

You can download your free copy of the Report from the Payapps Website (payapps.com/resources)

Ian Moss is the Head of Marketing for Australia & New Zealand at Payapps. With over 20 years of experience in the business technology sector, Ian is passionate about empowering professionals with specialised technology to enhance their work and business outcomes. This advertorial has been sponsored and authored by Payapps.


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