by Simplar | Mar 5, 2026 | Built Environment, Business of Construction, Leadership, Leadership, Organization Transformation, Partnering, Planning, PM, Weekly Construction Message
The success of a construction company depends on the skill level of each team member and the coordination of their individual efforts toward a common goal. Most contractors realize this but may not be aware of the prerequisites required to accomplish this level of...
by Simplar | Oct 9, 2025 | Built Environment, Business of Construction, Financial Management and Risk, Financial Management and Risk, Leadership, Weekly Construction Message
The earliest known instance of human engineering was discovered at Kalambo Falls, Zambia and dates to about 476,000 years ago. Researchers found two logs notched and interlocking forming a simple stable structure. The first examples of human commerce were simple...
by Simplar | Jul 24, 2025 | Built Environment, Business of Construction, Financial Management and Risk, Financial Management and Risk, Weekly Construction Message
The management of working capital in a construction company begins with a job-by-job cash flow plan. The individual cash flow plans are then consolidated into the monthly cash needs forecast. That forecast is revised regularly by the Chief Financial Officer as...
by Simplar | Feb 28, 2025 | Built Environment, Business of Construction, Financial Management and Risk, Financial Management and Risk, Risk Management, Risk Management, Weekly Construction Message
Recognizing and assessing financial risks before you sign a construction contract is not an exercise you can ignore. Let’s take a quick look at how a regional contractor uses last week’s Probability and Impact Matrix in everyday business. Risk Factors...
by Simplar | Dec 5, 2024 | Built Environment, Business of Construction
When they start their business, all contractors should have the same objective in mind: to make a profit. Carpenters may be building forms, concrete workers pouring slabs, electricians installing wiring, and plumbers laying pipe, but should also all have the same...
