Invitation to: Get It Right: Construction errors cost billions, 7 December
Commissioned by the NI Construction Group and the Central Procurement Directorate, this event will look at significantly reducing construction error and its consequences.
Key international studies suggest that the direct costs of avoidable errors are in the order of 5% of project value. This equates to approximately £5bn per annum across the UK – 5 times the profit margin.
When unrecorded process waste, latent defects and indirect costs are included, the situation gets much worse with estimates of total costs of error ranging between 10% and 25% of project cost or between £10–25bn per annum across the sector.
The Get it Right Initiative is a new organisation tackling these avoidable errors. Its single aim is to significantly reduce construction error and its consequences.
During the event delegates will be encouraged to:
- Think differently about errors with a renewed interest in their costs
- Become familiar with different techniques for understanding errors
- Form a shared opinion about the best plan of action for the individual and the business
- Be able to convince others to act and support the plan and for everybody to work together
- Stop think and plan
This event has been commissioned by the NI Construction Group and the Central Procurement Directorate and will be facilitated by Tom Barton, Executive Director of the Get It Right Initiative.
Thursday 7 December
Baby Grand, Grand Opera House, 2-4 Great Victoria Street, Belfast, BT2 7HR
08:00 Registration and breakfast
08:40 Get It Right Workshop – Tom Barton FICE, Executive Director of Get It Right Initiative
09:45 Closing Remarks
How to book your free place
Please click this link for further information