Visit Dr. Schleifer’s Business of Construction Library
Learn about the Manual of Construction Practice, Construction Tools, and more!
Death By Ice Machine
Construction is a risky business. A wide variety of risk factors are piled one on another throughout the construction transaction making it almost impossible to manage all construction business risks. Building long term complex projects for a fixed price under the...
The Project Selection Program
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 "bargaining with subs" or "negotiating with material...
Catch 22
Top line growth represents survival to a lot of contractors. Without regularly signing new contracts most contractors would go out of business in short order. Growth isn't just an important thing, to some contractors, growth is the only thing. Every existing contract...
Growth Is Always Good
We begin this week with the first "belief" on last week's list - "Growth is always good ". The complex nature of the construction industry seems to lend credence to this belief. Since a construction business does not enjoy a "continuum" of business, contractors must...
More Unexamined Beliefs
I introduced the concept of beliefs into my teaching about 20 years ago. I noticed during my years of research and countless interactions with contractors that there were a multitude of assumptions about the nature of the construction business out there that were...
Is Construction a Good Investment?
I’ve been a management consultant to the construction industry for 40 years. I have taught construction business management at some of the nation's best construction universities. I have spoken at literally thousands of construction industry conventions. In all that...
OUR PARTNERS
