by Simplar | Jan 14, 2021 | Risk Management, Risk Management, Risk Management
Another Low-Bid Loophole by Jake Smithwick, Assistant Professor, University of North Carolina at Charlotte Within the construction industry, the heavy/civil sector consists of site development and infrastructure projects, such as those related to earthwork, bridges,...
by Simplar | Jan 14, 2021 | Contracting Methods, Contracting Methods
Customer Anti-Relations In construction, the customer is often seen as an adversary. Contractors have a contentious relationship with owners, architects, and designers and most owners see contractors as potentially problematic vendors that bear watching. This...
by Simplar | Jan 14, 2021 | Business, Strategic & Project Planning
If You Don’t Know Where You’re Going You’re Probably Not Going to Get There In an informal study of several thousand contractors of all sizes and types throughout the country, less than 40% claimed to do any type of formal corporate planning at all, and many did not...
by Simplar | Jan 14, 2021 | Business, Strategic & Project Planning
Strategic Planning – By Any Other Name Would Smell as Sweet Without ever using the word “strategy” or “strategic thinking” or, God forbid, “strategic planning”, Dr. Kenn Sullivan and I discuss managing risk through a process of strategic thinking in our book,...
by Simplar | Jan 14, 2021 | Overhead
Overhead The Silent Killer I have rarely had much success talking to construction company management about overhead. Whenever I broach the subject of controlling overhead at one of my seminars, I can see eyes gradually glaze over and the assembled home office people...