PROJECT REVIEW
AFG Group, Inc. (AFG) conducts project reviews to determine the causes of time or cost overruns, excessive change orders, excessive contractor claims, or other issues, which has led to results in the construction project that are less than satisfactory. Listed below are the five areas, which AFG typically reviews:

• Budget / Estimating – project budgets should be complete, with appropriate contingencies, depending on the various stages of design. If there is more than one independent estimate (i.e. A/E, CM), they should be reconciled with each other.
  
• Project Schedules – schedules should be reviewed at every level of design and construction, as well as updated on a timely basis (preferably monthly). Changes should be analyzed with regards to impact on cost, as well as time, with extensions granted when it is determined that no other options are feasible.
  
• Contract Administration – This is the vehicle which informs all project participants with regards to performance. All project correspondence should be logged, filed, distributed and action to be taken defined and followed up if necessary. The submission process needs to be clearly defined and responsibilities assigned. RFI’s should be generated, reviewed, and implemented on a timely basis. Timely progress reports should be produced and distributed regularly.
  
• Change Orders – a clearly defined procedure with time constraints needs to be established to control change orders from identification to implementation. All parties need to be involved in the change order identification, cost estimating, negotiation and implementation. The administration of time and material change orders is paramount in controlling costs and should be fully tracked and documented.
  
• Dispute / Claims – all disputes/claims need to be resolved during construction, while the issues are current and recognized. Disputes that could lead to potential claims need to be fully documented and everyone needs to be alerted as to the issues and values assigned.