With construction costs continuing to rise as contractors price risk and look to cover increasing input costs our construction cost database has been updated on the App Store. Download here.
Recently on a turnaround project we had to develop a way to bring a remotely based existing team together to complete a project in the middle of Lockdown 3.0. With Covid having delayed the project significantly the team needed to relaunch and start to put in place high performing behaviours to complete the project.
Using the team canvas an online workshop was developed and using MS Teams and Miro the workshop was delivered online using the approach (keo_consult_team_canvas_workshop.pdf) outlined above.
Project now underway again and the team looking forward to getting boots and hard hats on again onsite.
In Ireland, the past 18 months have been characterised by much uncertainty and a number of stops and starts in the construction industry. In particular since January 2021, there has been significant construction cost inflation resulting in increases and uncertainty in forecast development costs for projects due to these escalating costs. Decision makers need to have a range of tools available to decide which projects to prioritise, particularly when delays occur and assumptions change as they have done in the past 12 months.
With significant changes in project assumptions during Covid, not least changes in timing, costs and revenues, there may be possible knock-on impact on other projects. You need to be able to consider how to prioritise projects in a portfolio. This paper (download here) illustrates an approach to prioritisation of a portfolio of projects with a case study on a residential development.
Projects are an iterative process of planning, doing and reviewing. From time to time despite the best intentions projects get into trouble and you have to step in to review what is going wrong and put a new plan in place to deliver a project. With the stop start impact of the Covid pandemic on a range of capital projects it may be necessary to but a new plan in place for a delayed project,
The following outlines a 2-step process to strategically review a project and then once the review is complete to create a turnaround plan to deliver the project.
The approach can of course be used as a checklist at the beginning of a project to make sure that all resources are in place to deliver a project and that a robust plan is in place to deliver certainty.
Now that the dust is settling on the launch of the "Housing For All' programme it is interesting to look at some of the key assumptions that underpin the strategy
Supply - High Resourcing Growth Requirement
Demand - Net Inward Migration Makes Up Majority of Demand
Supply - Increased Output Needs Improved Efficiency As Well As Increased Activity Levels
Keogh Consulting looks to help individuals and organisations deliver the right projects the right way. Here is some of our knowledge and a few case studies that we hope will help you on your project journey.
Project Cost Calculator & Database
Cost Rental Simple Model
Cost Rental Complex Model