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TEAMS WIN GAMES – NOT STARS OR OWNERS
The GOAT (greatest of them all), Tom Brady, cannot win games without his sturdy O-line. Patrick Mahomes needs talented wide receivers to consistently dominate the opposition. Legendary star quarterbacks need great teams around them to succeed. Stars do not win games. Teams do.
Most of the built environment in the … Read the rest “TEAMS WIN GAMES – NOT STARS OR OWNERS”
It Takes Two to Tango
The Project Selection Tool is designed to aid contractors in picking projects that are most suitable to their firm’s expertise and have the most likely prospects of success for all stakeholders. But what about owners and designers? Historically many have limited their contractor selection criteria to the low bidder. How … Read the rest “It Takes Two to Tango”
Make Better Choices
“The success of your business is a result of your choices. If you are dissatisfied with the outcomes, make different choices.”
Engineering News Record, August 24, 2021, Richard Korman
“Big design-build infrastructure projects often turn out to be money-losers for design-build contractors, preventing contractors from covering their overhead, much less … Read the rest “Make Better Choices”
Under The Hood: Third in our Project Selection Process series
I spent much of my construction career working for the nation’s top sureties who were providing the payment and performance bonds to our industry. My firm, CMA Consulting Group, was the nation’s largest workout specialist, completing projects left incomplete by companies who failed in mid-project. This unusual “cat-bird seat” gave … Read the rest “Under The Hood: Third in our Project Selection Process series”
Why Vegas Always Wins
The Las Vegas odds makers are not trying to pick winners. They are trying to predict outcomes. When they are confident, they know the most likely outcome of a sporting event, they set the line to give all bettors a 50/50 chance of winning. This is called balancing the book. … Read the rest “Why Vegas Always Wins”
Beat The Bookie
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 pertinent game day … Read the rest “Beat The Bookie”
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