The Final 2%: Ensuring A Smooth And Successful Construction Project Closeout Contractor Success Forum podcast

The Final 2%: Ensuring a Smooth and Successful Construction Project Closeout

15d ago 20:01

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Struggling to finish that last 2% of a construction job? 🚧 In this episode, Wade Carpenter and Stephen Brown discuss real-world case studies of projects that went off the rails in the final stages. Discover best practices to avoid costly delays, rework, and legal battles as you close out your next project. 💪

Watch now for expert tips on punch lists, documentation, and effective communication to ensure a successful finish! 🎉

#ConstructionCloseout #ProjectManagement #ContractorSuccess

Topics we cover on this episode include:

00:00 - Finishing the last 2%
00:29 - Train wrecks at job's end
01:03 - Owners wanting more work
01:58 - Learning from case studies
02:49 - Consequences of unfinished jobs
03:33 - Documenting change orders
04:14 - Punch lists and rework
05:11 - Inaccurate initial assessments
06:18 - Consequences of project delays
07:17 - Financial losses and disputes
08:08 - Disrupting your own operations
09:07 - Reputation damage
09:56 - Detailed closeout checklists
10:32 - Proper documentation
11:14 - Communicating with stakeholders
12:15 - Proactively addressing issues
12:52 - Supply chain challenges
14:06 - Embracing technology and data
15:00 - Pre-planning and communication
15:49 - Avoiding the last 2% nightmare

LINKS
Visit the episode page at https://CarpenterCPAs.com/twopercent for more details and a transcript of the show.

Find all episodes and related links at ContractorSuccessForum.com.
Join the conversation on our LinkedIn page: https://www.linkedin.com/company/CarpenterCPAs
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Wade Carpenter, CPA, CGMA | CarpenterCPAs.com
Stephen Brown, Bonding Expert | SuretyAnswers.com

Chapters

1. The Final 2%: Ensuring a Smooth and Successful Project Completion (00:00:00)

2. The importance of having a written, thorough punch list (00:03:03)

3. The critical role of timely and accurate documentation of your projects (00:04:53)

4. Address any issues before you leave the job (00:06:01)

5. Don't let one project delay affect your ability to complete other projects (00:11:50)

6. Best practices to ensure a successful project completion (00:13:50)

172 episodes