Lean construction is considered to be a combination of operational research and practical development utilized in the design and construction of commercial and other types of construction. The lean construction process is designed to provide a system for all aspects of a construction process, from design to construction to post-construction matters.
Traditional construction concepts and practices have resulted in many projects ending up off the rails. By that it is meant that many residential, commercial, and industrial construction projects end up being completed beyond the contractual deadline and with tremendous cost overruns.
Whether you are a property owner or a contractor, construction defects in newly constructed properties can lead to significant financial losses when they are discovered. Property owners, including condominiums, apartment buildings, homeowners associations and others, stand to lose significant amounts of money in the costs of repairs. Contractors who are accused of construction defects who are either uninsured or who do not have adequate insurance coverage could lose thousands of dollars in the event of litigation.