Change Orders: Management Vs Avoidance

Summary

Variations, often seen as deviations from the original plan, can actually be a source of innovation and value. Let's delve deeper into this concept:

• Challenging the Minimization Approach
• Innovation and Opportunity: Variations can be catalysts for new ideas, improved processes, and enhanced products or services.
• Adaptability: Embracing variations allows for flexibility in response to changing circumstances and market demands.
• Risk Mitigation: Well-managed variations can help identify and address potential issues early on.

Types of Variations and Their Potential Benefits

• Scope Variations: Changes to the project's deliverables or objectives.
• Schedule Variations: Alterations to the project's timeline.
• Cost Variations: Changes in the project's budget.
• Quality Variations: Adjustments to the project's standards or performance criteria.

Key considerations:

• Business Impact: Evaluate variations based on their potential impact on the project's goals and the organization's overall objectives.
• Risk Assessment: Assess the potential risks associated with each variation and develop mitigation strategies.
• Value Proposition: Determine how the variation can contribute to the project's success and the organization's bottom line.

Members: gain 3 CIOB CPD points when you reflect on the ethical aspects of your learning from this activity.

Fees

Free for CIOB Members.

17GPB (approx 80 AED) for non-CIOB members.

Our speakers

• Moutaz El Baz
• Kareem Zahran

Contact

Mae Perez

Member Services & Events Coordinator

Email: [email protected]