No Guesses – No Surprises, Number Two

No Guesses – No Surprises, Number Two

No Guesses – No Surprises, Number Two Dr Thomas C Schleifer Last week we looked at how a construction CFO crafts a cash flow plan, project by project. A cash flow plan is also an essential part of a construction company’s mid-term (six months to a year)...
SURPRISE We’ve Run Out of Money

SURPRISE We’ve Run Out of Money

SURPRISE We’ve Run Out of Money! What surprised me most over the many years my consultancy finished hundreds of jobs for sureties after contractors had failed mid-project was how many contractors were surprised when they ran out of money. Most of them believed...
Russian Roulette

Russian Roulette

Russian Roulette   Remember Russian roulette, the lethal game of chance found in the story, “The Fatalist”, by Russian poet Mikhail Lermontov? You take a revolver which has six empty chambers, insert a single cartridge, and then give the cylinder a good spin. When the...