Mavens at RNDV, a gaggle of businesses with a long-term revel in in electric set up, shipbuilding and sophisticated development control, say slicing prices for essential competences, equivalent to challenge control, may end up in pricey downtimes and unexpected eventualities. It may possibly inflate the finances, inflicting delays and, due to this fact, erosion of income.
Kaziulis continues: “Now and again, to save cash in the end, you must know the place to speculate. As soon as our new shoppers have had the chance to be informed about the advantages of having a correct challenge control workforce, they very hardly need to check out to chop those prices once more. It’s because it now not handiest saves cash, however offers extra steadiness, sure bet and, due to this fact, peace of thoughts.”
Consistent with Giedrius Grėbliūnas, RNDV’s leader challenge officer, downtime charges, commonplace within the business, will also be within the vary of 20% to 30%. When downtimes are led to through problems equivalent to not on time supply of fabrics or mistakes in technical drawings, contractors usually declare further bills. This leaves the customer with two choices: decline and probably lose a contractor for long run initiatives; or negotiate in regards to the dimension of the declare and building up the challenge’s prices.
As an example the purpose, he offers an instance of 2 firms which are running on equivalent initiatives. “Let’s say the primary corporate features a challenge control workforce, keeping up 100% potency and conserving the challenge charge mounted at €1m. By contrast, the second one corporate chooses a fairly inexpensive choice, pricing their challenge at €900,000, however with out a challenge control workforce. Because of a 20% drop in potency, their ultimate challenge charge will increase to €1,080,000, resulting in an €80,000 loss.”

“A correct challenge control workforce guarantees {that a} challenge is performed at 100% potency. This implies transparency, cost-effectiveness and predictability.”
Giedrius Grėbliūnas, RNDV
“A well-structured workforce will have to be adequately staffed to verify meticulous making plans and useful resource coordination, along with well timed verbal exchange. For higher or extra advanced initiatives, this may occasionally necessitate specialized roles, equivalent to procurement managers, engineers, high quality managers and extra, who set up the great preparation procedure,” Grėbliūnas notes.
The RNDV crew of businesses has been running since 2007 and has grown abruptly and now has a workforce of greater than 1,866 staff in 23 international locations. Essentially involved in Western Europe, RNDV has greater its income through executing quite a lot of electric set up initiatives, together with paintings on information centres, shipbuilding and service, electromechanics, scaffolding and technical insulation, in addition to renewable power projects. The gang’s income grew through 20% closing yr, achieving €126.5m.