The first rule in both baseball and golf is keep your eye on the ball. The best hitters in baseball say they can sometimes actually see the ball hit the bat. Ben Hogan, one of golf’s greatest, claimed that the visual image that stayed with him after he hit a …...
The process of estimating and preparing bids is one of our most essential management tasks, including direct and indirect costs. Professional estimators have a detailed knowledge of construction materials, specifications, techniques, codes, and pricing trends as they...
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...
Capital Management Part 4 Financial Capacity When Babe Ruth was asked how he used to hit his way out of a batting slump, he replied, “I remembered to keep my eye on the ball.” This series of blogs on capital management are intended to be a reminder to construction...
Capital Preservation During This COVID Downturn Getting Paid on Time Late Payments Are Every Contractor’s Nightmare Last week we began a discussion on the importance of your firm’s capital position as this latest COVID-caused market downturn unfolds. When you ask...
