Time Impact Analysis - As applied to construction

The document "AACE 52r-06 - Time Impact Analysis - As Applied to Construction" outlines a method for assessing the time impact of unforeseen events on construction projects. Key points include:

• It provides guidelines for quantifying the effects of unplanned events on project completion.

• Focuses on time aspects, not cost, to quantify impacts before considering financial implications.

• Time Impact Analysis (TIA) is forward-looking, used for estimating the impacts of delays or accelerations on schedules.

• TIA is conducted with a "prospective analysis" approach for near-real-time assessment, avoiding retrospective or forensic analysis.

• The process involves modelling delays using a Critical Path Method (CPM) schedule to compare impacted vs. non-impacted schedules.

• Emphasizes quick and reasonable assessment for timely contractual adjustments.

• Addresses the need for TIA to be simple, effective for short-term delays, and separated from cost analysis to facilitate contractual acceptance.

AACE 52r-06 - Time Impact Analysis - As Applied to Construction.pdf

Download PDF • 183KB