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Weekly Construction Message: The Contract: A Risk Management Tool
The Contract: A Risk Management Tool
Deviation from Plans or Specification Disputes
Contracting is a risky business. Construction projects are high cost, complex team efforts that play out over an extended time period (often many years) with plenty of financial risk to go around. Because construction contracts are, for the … Read the rest “Weekly Construction Message: The Contract: A Risk Management Tool”
Weekly Construction Message: Imagine
Imagine
As I said last week: The Drucker Institute’s 2020 list of the top 250 best-managed companies in America ranks companies based on their ability to integrate the five elements of success Peter Drucker identified in his research.
1. Customer satisfaction
2. Employee engagement and development
3. Innovation
4. Social … Read the rest “Weekly Construction Message: Imagine”
Weekly Construction Message: Manage Excellence
Let’s Talk the Business of Construction
Schleifer’s Weekly Construction Message
Please circulate this widely. It will benefit your constituents. This research is continuous and includes new information weekly as it becomes available. Thank you, Tom
Management Excellence
This “Let’s Talk Business” message is all about uncovering construction’s best-in-class management practices. … Read the rest “Weekly Construction Message: Manage Excellence”
Weekly Construction Message: High Quality vs Low-Bid
Schleifer’s Weekly Construction Message High Quality VS Low-Bid In the last three weeks, we have assaulted the low-bid legacy that has haunted contracting for 100 years. Government agencies began low-bid contracting as a way of keeping politicians honest. It...
Weekly Construction Message: Contract Execution
Schleifer’s Weekly Construction Message Contract Execution Step 1 Equitable Assessment of Risk Last week's whimsical “letter to the contract” was designed to illuminate the central position that the contract occupies in construction. The "contract" replies to the...
Weekly Construction Message: Contractors OR Constructors
Dr Schleifer’s Weekly Construction Message "Contractors" -OR- "Constructors" From purely business perspective we should be known as "contractors" even if you consider yourself a "constructor" because the initial and critically important function in construction...
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