Eiffel Trading 101: Smart Demobilization
As construction projects wind-down they become extremely chaotic trying to push through to the finish line. Everyone is focused on getting the project completed to meet the schedule (hopefully) or limit the liquidated damages (hopefully not). We all would like to think our project management skills help to bring organized chaos - more often than not - it's just plain chaos.
By thinking ahead and past the substantial completion milestone - you can help bring organized chaos by smart demobilization. 12 months prior to substantial completion - before all hell breaks loose - take some time to think about what is going to happen when the project demobilizes.
Think about the cofferdam in the middle of the river. Will you have a need for the long, heavy AZ36-700 sheet pile you bought for this specific project? Or the 250'x72'x16' ABS Deck Barge - do you need an ABS barge in the fleet when you have inland waterway construction projects coming up? What about the Cat D6N Dozer with the ripper attachment on the bank that's been idle for the past 3 months?
Planning your demobilization in advance will pay large dividends at the end of your project. By deciding what material is for sale early - you will limit double or triple handling of material. You will be able to get rental equipment off rent in a timely manner - avoiding unnecessary rental costs when the equipment is idle. Idle equipment will be removed and onto the next project making your company more money. When you sell your assets and have someone else pay to ship them off your project - you save even more on demobilization costs. We love smart demobilization!
For the assets that will not make the journey over to the next project - let Eiffel Trading help you find a new home for them. We allow our customers to list their used equipment and material at projected availability dates. You can find a Buyer for your used assets while they're still being used. To learn more, please call 1-800-541-7998 or email us at email@example.com.
Andrew Norman is one of the co-founders of Eiffel Trading. His background is in Heavy-Civil and Marine Construction in Project Management and Procurement. While working in Project Management and Procurement he managed the demobilization of several projects - liquidating pile hammers, cranes, sheet pile and crane trestle from projects.