by Simplar | Jul 14, 2022 | Built Environment, Business of Construction, Partnering, Planning, PM, Procurement, Weekly Construction Message
Project Selection Realities Dr Thomas C Schleifer The gambler plays a hunch and takes a flyer. The odds maker weights past performance variables and uses probability statistics to estimate the possibility of future successful outcomes. Who do you think most often...
by Simplar | Sep 2, 2021 | Business, Strategic & Project Planning, Business, Strategic and Project Planning, Business, Strategic and Project Planning, Leadership, Leadership, Leadership, Leadership, Weekly Construction Message
I spent much of my construction career working for the nation’s top sureties who were providing the payment and performance bonds to our industry. My firm, CMA Consulting Group, was the nation’s largest workout specialist, completing projects left...
by Simplar | Aug 12, 2021 | Business, Strategic & Project Planning, Business, Strategic and Project Planning, Business, Strategic and Project Planning, Business, Strategic and Project Planning, Leadership, Leadership, Leadership, Weekly Construction Message
We all know that construction is a risky business. Every new project presents unique risks to our bottom line. The question, however, always remains, “How risky is this project?” In the past, we were left with our instincts to measure risk. Experienced...
by Simplar | Aug 5, 2021 | Business, Strategic & Project Planning, Business, Strategic and Project Planning, Business, Strategic and Project Planning, Leadership, Leadership, Weekly Construction Message
“Risk is Measured by What You Choose to do more than How You Choose to do It” In the growth markets we will be approaching, with a housing boom well underway and a $1 trillion infrastructure bill working its way through Congress, enthusiastic contractors are tempted...
by Simplar | Jan 14, 2021 | Project Selection, Project Selection
Project Selection Process The project selection tool provides an accurate measurement of project selection risk based upon what is known or not known about a potential project at a given point in time, and how well the project matches the firm’s experience. Download...
