Crisis management

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Crisis management in the field of construction is a set of measures aimed at the implementation of an investment and construction project in unpredictable, critical, or crisis conditions. The key goal of crisis management in construction is to take all necessary measures to stabilize and successfully continue the implementation of the investment and construction project.

Crisis management includes:

Assessment (audit) of the current state of the investment and construction project;
Audit and anti-crisis optimization of project estimates and schedules;
Determining the cost of completed and remaining construction and installation works;
Developing a strategy to overcome a crisis;
Completion of construction documentation for the commissioning of the building.

Why is crisis management important?

The main goal of crisis management in construction is to take the necessary measures to neutralize deviations from the planned process caused by a crisis and to successfully execute the investment and construction project. Crisis management tools help to reduce potential risks during the project’s subsequent implementation.

Situations where crisis management is needed:<br>

The increase in the cost of materials and equipment, as well as changes in the financing of the project;
Delays in production processes caused by external factors;
Logistics problems that negatively affect the implementation of the project;
Changes in contractual obligations and the need to revise design decisions;
Conflict situations between participants in the construction process.

Understanding and competent crisis management are essential components for the successful completion and long-term sustainability of construction projects. Our specialists will help optimize construction process management, oversee contracts with contractors and suppliers, and manage the project budget.