Determining schedule impact: Working practice

Construction project delays may result from many circumstances. Negotiating a fair and timely damage settlement is beneficial to all parties. Network-based scheduling is an excellent way for negotiating settlement of changes, disputes, and delays throughout the project. In the construction industry, however, there is no single standard and no "accepted" procedure to determine impact of schedule delays. This paper suggests a practice for evaluating schedule impact. The practice allows available float to be shared by both the owner and the contractor.