Panzo

Run projects, cash flow and aftercare in one place.

The workspace for interior-design and modular-furniture firms — leads to handover to post-handover service.

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Panzo

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From The Industry
~5%Rework quietly eats the margin

The Construction Industry Institute puts the direct cost of rework at roughly 5% of total construction cost. Studies across project types commonly land between 2% and 6% of contract value.

On a thin-margin fit-out, rework at 5% can be most of the profit. It is rarely one disaster — it's a hundred small corrections nobody logged.

Construction Industry Institute (CII), via published rework studies, 2018

From The Industry
~5%Rework quietly eats the margin

The Construction Industry Institute puts the direct cost of rework at roughly 5% of total construction cost. Studies across project types commonly land between 2% and 6% of contract value.

On a thin-margin fit-out, rework at 5% can be most of the profit. It is rarely one disaster — it's a hundred small corrections nobody logged.

Construction Industry Institute (CII), via published rework studies, 2018