by Simplar | Sep 11, 2025 | Built Environment, Project Selection, Project Selection, Weekly Construction Message
The most crucial element in construction profitability is selecting the appropriate project. It is not “cutting the payroll” or “speeding up the work” or “stretching the concrete”, or “reducing a bid”. It is not...
by Simplar | Jan 30, 2025 | Business Development, Business Failure, Business of Construction, Business, Strategic & Project Planning, Business, Strategic and Project Planning, Leadership, Leadership, Project Selection, Project Selection, Weekly Construction Message
Don’t let the project pick you. In other words, don’t be tempted to take any project that comes along. Too many contractors scour the marketplace for any project they might be able to snag. They fashion a bid that they think will be competitive but often...
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 | 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 | 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...
