by Simplar | Dec 15, 2022 | Built Environment, Business of Construction, Facility Management, Organization Transformation, Partnering, Planning, PM, Procurement, Project Delivery, Weekly Construction Message
The R-Score Thomas C Schleifer, Ph.D. I repeat from my blog a few weeks ago, Cash is King: “For the duration of this disrupted market, move cash flow management to the top of your CFO’s priority list.” Winners and Losers in 2023 Rising interest rates, inflation, and...
by Simplar | Jan 14, 2021 | Financial Management and Risk
The R-Score “Let’s Add Some Science To Our Business” Some years back my surety consulting firm tackled job after job completing failed construction projects for the bonding companies that were increasingly having to finish failed projects. As one assignment followed...
by Simplar | Dec 14, 2023 | Financial Management and Risk, Financial Management and Risk, Risk Management, Risk Management, Weekly Construction Message
Every bet has a winner and a loser. The bookie always wins a little, but the bettor often loses a lot. What’s the difference? The Recognition and Management of Risk. Risk Recognition Both the bookie and the bettor recognize that every bet has a winner and a loser....
by Simplar | Aug 19, 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
Imagine setting your own line when you bet $100 that the Packers will beat the Saints on opening day. Imagine if you were in possession of a mathematical formula that handicaps risk more accurately than the Las Vegas odds makers. Imagine a formula that takes all the...
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...
