Every job gets delivered. One in six gets delivered twice.
Rework rarely appears as a line in the accounts: which is why it quietly funds itself out of margin, senior time and the hire you were about to make.
SBy Steve··5 min read
Ask a delivery team how much of their week goes on work they have already done once, and the answers cluster around a shrug. Ask the finance function what rework cost last year, and there is no number, because there is no account for it. The hours were paid. The job shipped. The customer, eventually, was satisfied. Nothing in the reporting distinguishes the job that went right first time from the job that went out three times. This is the most reliably underestimated cost in a service or make-to-order business,…
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Important: General information only. Rialto Bridge articles describe patterns and considerations that may apply to a business; they are not financial, legal, tax or accounting advice, and they take no account of your particular circumstances. Consider your own situation and seek advice from a qualified professional before acting.