by Simplar | Jul 28, 2022 | Business of Construction, Financial Management and Risk, Organization Transformation, Weekly Construction Message
The CFO Risk Manager Dr Thomas C Schleifer Contractors are professional gamblers who place big bets that they can profit from complex transactions that often take years to complete. If they’re operating in familiar stable markets, they believe they can win the...
by Simplar | Jul 21, 2022 | Built Environment, Business of Construction, Weekly Construction Message
Making Book Dr. Thomas C Schleifer I should have called The Project Selection Program the “Contractor’s Odds-Making Tool” because, in the end, I designed it to work just like a Vegas sports book. By isolating the most common causes of project...
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 | Jul 7, 2022 | Built Environment, Business of Construction, Partnering, Planning, PM, Procurement, Weekly Construction Message
The Gambler Dr Thomas C Schleifer Why do so many construction companies fail without anyone realizing they were about to go under? When I ran the largest surety consultancy in the country that completed projects for bonding companies after construction firms had...
by Simplar | Jun 30, 2022 | Built Environment, Business of Construction, Current Events/Interests, Current Events/Interests, Current Events/Interests, Current Events/Interests, Labor & Labor Issues, Labor & Labor Issues, Labor & Labor Issues, Weekly Construction Message
“It’s Not My Job” Dr Thomas C Schleifer The legendary comedian Freddy Prinze began every episode of Chico and the Man with his iconic – “It’s not my job.” He, of course, was making fun of the stereotypical employee whose first...
