Is your business
profitable?
Document errors and omissions trigger RFIs
In a highly-competitive environment, delivering accurate
designs while minimizing change orders is key to achieving
business objectives. However, the reality is that building
system designs are complex, regardless of size, and no
design document is perfect from the outset. Errors and
omissions in documents require clarification through the
RFI (request for information) process.
A global study conducted by Navigant found that, on
average, there are 9.9 RFIs per $1 million of construction.
With the average total cost per RFI review and response
pegged at more than $1,000, the processing of RFIs
themselves has an impact on building project budget. In
addition, the Navigant study found that the median time
it takes to reply to an RFI ranges from seven to ten days.
Further, projects with longer durations are shown to
generate larger populations of RFIs, reflecting the more
complex nature of larger projects. RFIs required due to
document errors or omissions are a risk factor that can add
to project scope, impacting both budget and timeline.
However, building professionals working in a BIM
(Building Information Modeling) process have found that
BIM significantly reduces document errors due to the
parametric linking of all data to the model. A change
Controlling project costs and managing
factors that impact building project
timelines is top-of-mind for building
design professionals, for good reason.
Increased competition and firm
consolidation mean that clients
expect more competitive project costs,
schedules, and quality. Cost pressures
cut into the profit margins required
for reinvestment in sustained growth,
while compressed schedules and
budgets push teams to do more with
less. How do you manage these
building project risk factors?
