Crisis events are unpredictable, but they are a common reality in the construction realm. Unfortunately, an event can affect every stakeholder in the project, harming entire crews in extreme cases where work needs to stop. Dealing with these crisis events as they happen is a crucial aspect of construction, and it’s important to have someone who can cope with these kinds of sudden circumstances. Here are some tips to help every stakeholder navigate a crisis with minimal losses.
Step One: Start Work Again
Most situations that stop work can be solved with interim short term management services, especially in the case of a sudden departure in management. The faster you get your crew back out in the field, the more money you’ve already saved dealing with the problem. Work should be your top priority just after safety.
Step Two: Gather Documents for the Claim
Another crucial step is gathering documents to defend yourself in court. This can take a backseat to work if you’re not careful, so it’s important to hire a consultant if you can’t handle this operation in-house.
Step Three: Claim Resolution
In many cases, private mediation is going to be far more cost effective than going to court. It saves relationships, provides solutions in days as opposed to months, and generally ends in a judgment that costs the losing party significantly less than a court judgment. The decisions in mediation are also binding, which keeps both parties accountable for their actions.
Bio: Lyle Charles is the CEO of Lyle Charles Consulting, and has more than 30 years of experience in the construction industry as a C-Level executive. Lyle Charles is available for consulting on residential and commercial construction projects.