![]() ![]() ![]() Project owners might opt to apply liquidated damages on some projects should the contractor fail to achieve those dates. Contractors must incorporate those milestone dates in their detailed project schedule and ensure that they are achievable. ![]() Nevertheless, project owners usually impose interim milestone dates established to provide an early warning notification if achieving the project’s target completion date could become at risk. When it comes to delivering capital construction projects, contractors should decide on the methods and means for developing the integrated cost and resource-loaded project schedule (IPS). General Contractors, Program and Construction Managers. ![]()
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