The Analysis and Valuation of Disruption
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This paper reviews and comments on the various considerations and approaches available to analysing and valuing disruption whilst comparing and contrasting the same with respect to the relative ...
This paper reviews and comments on the various considerations and approaches available to analysing and valuing disruption whilst comparing and contrasting the same with respect to the relative reliability of the methods of quantifying lost productivity and the cost and expertise generally required to record, prepare, and document the quantum of damages derived thereby.
Included within the paper is a framework from which the suitability of available approaches for analysing and quantifying the effects of disruption may be discerned. The selection process is primarily based on the availability of and the characteristics of that information available in connection with the project to be reviewed set against the degree of reliability associated with the method referenced.
About the Writer
Derek Nelson is Senior Vice President and Regional Managing Director in charge of Hill International's Asia Region. Derek has over 25 years of experience in the construction and engineering industries across both Asia and Europe. He specialises in the preparation, negotiation and settlement of construction claims, as well as dispute mitigation and avoidance. As a consultant, Derek has acted in arbitrations relating to construction, civil engineering and process engineering disputes.
Derek's academic and professional qualifications coupled with his extensive experience of the construction process has lead him to be appointed as an Independent Expert Witness in Litigation and Arbitration both in Europe and in Asia and he is often called upon to undertake independent reviews of projects in the role of Project Neutral.
Derek earned a BSc in Quantity Surveying from Edinburgh Napier University, and a Master of Laws in Construction Law from the University of Strathclyde and a Postgraduate Diploma in International Commercial Arbitration from London University.
About Hill International
Hill International, with 3,600 employees in 110 offices worldwide, provides program management, project management, construction management and construction claims and consulting services. Engineering News-Record magazine recently ranked Hill as the 8th largest construction management firm in the United States.
For more information on Hill, please visit our website at www.hillintl.com.
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