Disputes Potential Index, Version 2.0

SP23-3, Disputes Potential Index, Version 2.0

The overall goal of this predictive tool is to reduce the incidence of contract disputes that often plague construction projects, resulting in delays, cost overruns and litigation. In order to take effective action to prevent disputes, those responsible for construction projects must first acknowledge the possibility of costly disputes affecting their projects. The research accomplishes this goal by providing statistically-based insight into the factors associated with why disputes occur. The DPI tool provides those responsible for projects with the ability to assess the risk of disputes on any particular project using a quantifiable measure. By using the DPI tool, an overall score is obtained that predicts the likelihood of disputes arising on a given project. Even where the overall risk of disputes is relatively low, the DPI tool may indicate specific aspects of a project that are relatively weak, thus identifying areas for further improvement in overall project success.

 

Version 2.0 transforms the DPI tool into an Excel spreadsheet.